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Hubtown jumps on obtaining Transferable Development Rights from MIDC and MCGM

03 Jun 2025 Evaluate

Hubtown is currently trading at Rs. 183.60, up by 4.00 points or 2.23% from its previous closing of Rs. 179.60 on the BSE.

The scrip opened at Rs. 178.05 and has touched a high and low of Rs. 192.00 and Rs. 177.75 respectively. So far 28357 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 342.15 on 30-Sep-2024 and a 52 week low of Rs. 118.30 on 05-Jun-2024.

Last one week high and low of the scrip stood at Rs. 192.00 and Rs. 175.40 respectively. The current market cap of the company is Rs. 2489.63 crore.

The promoters holding in the company stood at 32.09%, while Institutions and Non-Institutions held 4.99% and 62.92% respectively.

Hubtown has obtained Transferable Development Rights (TDR) of 11,000 square meters from the Maharashtra Industrial Development Corporation (MIDC) and MCGM (Municipal Corporation of Greater Mumbai) as part consideration of its ongoing slum rehabilitation project in Andheri (E), Mumbai. 

Hubtown is engaged in the development, sale, and lease of commercial, residential, retail, and industrial properties.


Hubtown Share Price

224.10 -2.05 (-0.91%)
11-May-2026 09:23 View Price Chart
Peers
Company Name CMP
Lodha Developers 951.00
Dilip Buildcon 476.35
DLF 596.00
Oberoi Realty 1689.15
Ahluwalia Contract(I 830.50
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