Ashiana Housing gains on acquiring 12.65 acres of residential land in Jaipur district

05 Nov 2013

Ashiana Housing is currently trading at Rs. 51.75, up by 1.75 points or 3.50% from its previous closing of Rs. 50.00 on the BSE.

The scrip opened at Rs. 54.45 and has touched a high and low of Rs. 54.45 and Rs. 48.15 respectively. So far 1129 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 55.00 on 28-May-2013 and a 52 week low of Rs. 31.01 on 21-Nov-2012.

Last one week high and low of the scrip stood at Rs. 51.00 and Rs. 43.50 respectively. The current market cap of the company is Rs. 481.53 crore.

The promoters holding in the company stood at 66.99% while Institutions and Non-Institutions held 1.70% and 31.32% respectively.

Ashiana Housing has acquired a converted residential land admeasuring approximately 12.65 acres. This land is situated on 200 feet main road from Ajmer Road to SEZ (Mahindra World City) in Village Jhai, Tehsil Sanganer, Jaipur district in state of Rajasthan. This land will be utilized to develop Comfort Homes with a total saleable area of approximately 12 lakh square feet.

Ashiana Housing is a fast growing real estate developer with its head office in New Delhi, India. The company has presence in group housing, active senior living, retail, hotels and facilities management

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