Tirupati Sarjan surges on launching new residential scheme in Ahmedabad

08 Dec 2011

Tirupati Sarjan is currently trading at Rs. 11.25, up by 0.20 points or 1.81% from its previous closing of Rs. 11.05 on the BSE.

The scrip opened at Rs. 11.39 and has touched a high and low of Rs. 11.39 and Rs. 11.00 respectively. So far 2100 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 30.55 on 10-Mar-2011 and a 52 week low of Rs. 10.05 on 24-Nov-2011.

Last one week high and low of the scrip stood at Rs. 11.50 and Rs. 10.41 respectively. The current market cap of the company is Rs. 26.42 crore.

The promoters holding in the company stood at 49.83% while Institutions and Non-Institutions held 2.00% and 48.17% respectively. 

Tirupati Sarjan has launched a new residential scheme of 352 flats in Ahmedabad which comprises of 2BHK and 3BHK flats. The scheme is located behind Nirma University, S.G Highway in Ahmedabad, Gujarat. The total value of the residential scheme is Rs 100 crore and it is expected to be completed in coming 18 to 24 months.

Further, the company is expecting to generate a decent profit from this project.

Tirupati Sarjan is engaged in the business of real estate such as development and construction of properties and infrastructure. The main activities of the company include acquiring plots, developing and executing construction plans. It develops and constructs residential and commercial projects.

Related Tirupati Sarjan Ltd. Links:

Tirupati Sarjan Share Price

5.33 0.25 (4.92%) May 07, 18:03
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Peers
Company Name CMP
Dilip Buildcon 530.80
NBCC (India) 44.00
Sobha 466.55
JMC Projects (India) 93.60
Prestige Estate Proj 272.00
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SEBI Registered: Investment Adviser - INA000013323

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