Arvind Smartspaces is currently trading at Rs. 526.45, up by 1.20 points or 0.23% from its previous closing of Rs. 525.25 on the BSE.
The scrip opened at Rs. 540.00 and has touched a high and low of Rs. 560.95 and Rs. 513.55 respectively. So far 10679 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 560.95 on 1-Feb-2024 and a 52 week low of Rs. 225.00 on 20-Mar-2023.
Last one week high and low of the scrip stood at Rs. 560.95 and Rs. 477.00 respectively. The current market cap of the company is Rs. 2384.32 crore.
The promoters holding in the company stood at 50.43%, while Institutions and Non-Institutions held 12.14% and 37.42% respectively.
Arvind SmartSpaces (ASL) has signed a new plotted development project in Ahmedabad, with a total estimated area of around 40 acre and a top-line potential of around Rs 250 crore. This project is located in Lakshmanpura, Ahmedabad and would be ASL’s 20th in Gujarat. The project is acquired on an outright basis.
This is the 3rd project addition in West Ahmedabad and highlights the Company’s efforts towards further strengthening its presence in this high potential micro market. West Ahmedabad has emerged as one of the most promising micro-markets for plotted development /weekend homes in Ahmedabad. The area has a well-developed connectivity with various parts of Ahmedabad with close proximity to the various business hubs such as Shilaj, SindhuBhavan Road and SP Ring Road etc.
Arvind SmartSpaces is engaged in to the business of Construction and Real Estate.
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