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Lancor Holdings jumps on getting Premium FSI approval from CMDA

25 Sep 2023 Evaluate

Lancor Holdings is currently trading at Rs. 35.61, up by 0.69 points or 1.98% from its previous closing of Rs. 34.92 on the BSE.

The scrip opened at Rs. 35.61 and has touched a high and low of Rs. 35.61 and Rs. 35.61 respectively. So far 4148 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 2 has touched a 52 week high of Rs. 41.40 on 21-Aug-2023 and a 52 week low of Rs. 15.81 on 26-Sep-2022.

Last one week high and low of the scrip stood at Rs. 35.61 and Rs. 32.50 respectively. The current market cap of the company is Rs. 216.33 crore.

The promoters holding in the company stood at 62.08%, while Non-Institutions held 37.92% stake in the company.

Lancor Holdings has received Premium FSI approval from CMDA for construction of additional five floors in Project Lancor Infinys at keelkattalai, which has a very good response among customers.  The Company has entered into agreement for its two new projects situated at Besant Nagar and Shollinganallur.

Lancor Holdings is an India-based company. The Company is engaged in the construction and sale of residential properties, construction and leasing of commercial properties.

Peers
Company Name CMP
Lodha Developers 1141.15
Prestige EstatesProj 1481.65
Dilip Buildcon 421.35
DLF 666.00
Oberoi Realty 1832.90
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