Arihant Superstructures is currently trading at Rs. 180.95, up by 1.10 points or 0.61% from its previous closing of Rs. 179.85 on the BSE.
The scrip opened at Rs. 180.60 and has touched a high and low of Rs. 182.30 and Rs. 179.60 respectively. So far 117 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 261.30 on 22-Sep-2022 and a 52 week low of Rs. 117.00 on 23-Jun-2022.
Last one week high and low of the scrip stood at Rs. 185.00 and Rs. 167.75 respectively. The current market cap of the company is Rs. 740.26 crore.
The promoters holding in the company stood at 74.71%, while Institutions and Non-Institutions held 2.08% and 23.21% respectively.
Arihant Superstructures has completed an outright purchase of additional 51 acres of land at Chowk, Navi Mumbai. With this the company now has totally acquired 76 acres of contiguous land for its new low-rise project comprising of Plotted Development & Constructed Villas. The project shall also be designed with a 200-room Hotel-Resort which can be used for Destination wedding ceremonies, corporate events and convention center enabling the Company to generate consistent revenues similar to a lease model. Land allocation will also be done to design a Gymkhana Club, which shall generate membership revenues.
Arihant Superstructures (ASL) is a leading real estate company. It also focuses on making quality lifestyles affordable for its discerning patrons, which epitomizes the core value of the group.
