Arihant Superstructures is currently trading at Rs. 48.65, up by 0.35 points or 0.72% from its previous closing of Rs. 48.30 on the BSE.
The scrip opened at Rs. 48.60 and has touched a high and low of Rs. 48.70 and Rs. 48.00 respectively. So far 9,950 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 60.85 on 13-Feb-2013 and a 52 week low of Rs. 32.60 on 04-Jun-2012.
Last one week high and low of the scrip stood at Rs. 49.00 and Rs. 47.60 respectively. The current market cap of the company is Rs. 200 crore.
The promoters holding in the company stood at 73.90% while Non-Institutions held 26.10% respectively.
Arihant Superstructures has received an approval to increase its investment to an extent of Rs 50 crore in Arihant Abode from its current limit of Rs 35 crore. The board of directors at its meeting held on May 11, 2013 has approved for the same.
The board has also approved for increase in investment to an extent of Rs 40 crore in Arihant Gruhnirman Realty from its current limit of Rs 25 crore and to increase its investment to an extent of Rs 30 crore in Arihant Technoinfra from its current limit of Rs 16.06 crore.
Arihant Superstructures is one of the real estate development and construction companies in Navi Mumbai, Maharashtra. It mainly undertakes residential projects.
