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CHD Developers surges on acquiring 651,450 equity shares of International Infratech

06 Feb 2013 Evaluate

CHD Developers is currently trading at Rs. 4.95, up by 0.10 points or 2.06% from its previous closing of Rs. 4.85 on the BSE.

The scrip opened at Rs. 4.95 and has touched a high and low of Rs. 5.04 and Rs. 4.95 respectively. So far 3900 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 7.13 on 15-Nov-2012 and a 52 week low of Rs. 3.70 on 21-Jun-2012.

Last one week high and low of the scrip stood at Rs. 5.07 and Rs. 4.60 respectively. The current market cap of the company is Rs. 56.23 crore.

The promoters holding in the company stood at 64.22% while Institutions and Non-Institutions held 0.04% and 35.74% respectively. CHD Developers has acquired 651,450 equity shares of International Infratech, consequent to which the latter has become a subsidiary of the company. International Infratech has a land part admeasuring 2.025 acres falling in revenue estate of village Chauma, Sector 109, Gurgaon district in Haryana.

CHD Developers, was established in 1990, to respond to the growing need for quality housing and commercial space in 21st century India, specifically in Delhi and the National Capital Region (NCR).

Peers
Company Name CMP
Lodha Developers 1104.75
Prestige EstatesProj 1494.10
Dilip Buildcon 398.95
DLF 662.60
Oberoi Realty 1775.00
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