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Housing stocks trade lower despite announcement of 2 crore houses to be built in next 5 years under Rural House Plan

01 Feb 2024 Evaluate

Stocks related to affordable housing segment edged lower despite announcement of 2 crore houses to be built in next 5 years under Rural House Plan.

Macrotech Developers is currently trading at Rs. 1065.15, down by 4.55 points or 0.43% from its previous closing of Rs. 1069.70 on the BSE. The scrip opened at Rs. 1072.50 and has touched a high and low of Rs. 1072.50 and Rs. 1027.25 respectively. So far 14462 shares were traded on the counter.

Godrej Properties is currently trading at Rs. 2350.65, down by 27.00 points or 1.14% from its previous closing of Rs. 2377.65 on the BSE. The scrip opened at Rs. 2377.65 and has touched a high and low of Rs. 2377.65 and Rs. 2335.55 respectively. So far 9354 shares were traded on the counter.

Sobha is currently trading at Rs. 1414.80, down by 32.10 points or 2.22% from its previous closing of Rs. 1446.90 on the BSE. The scrip opened at Rs. 1447.90 and has touched a high and low of Rs. 1454.95 and Rs. 1403.50 respectively. So far 6463 shares were traded on the counter.