Peninsula Land is currently trading at Rs. 32.70, up by 1.35 points or 4.31% from its previous closing of Rs. 31.35 on the BSE.
The scrip opened at Rs. 32.50 and has touched a high and low of Rs. 32.75 and Rs. 32.30 respectively. So far 6,623 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 69.50 on 04-Jan-2011 and a 52 week low of Rs. 30.05 on 30-Nov-2011.
Last one week high and low of the scrip stood at Rs. 33.00 and Rs. 30.50 respectively. The current market cap of the company is Rs. 912.00 crore.
The promoters holding in the company stood at 55.72% while Institutions and Non-Institutions held 24.92% and 19.36% respectively.
Peninsula Land and Brookfield Asset Management have inked a joint venture to launch a domestic real estate fund early next year. Both companies will have an equal stake in the venture, and will jointly evaluate and manage investments targeting the development of residential and commercial assets primarily in TIER I cities in India.
Recently, the company was planning to buy stake in a Mumbai land parcel for close to Rs 400 crore as per few media reports. The real estate developer would build a residential project on the 18-acre Sewri land along with partners HEM Bhattad Developers and IL&FS who presently own the project with 35-65 equity holding.
Peninsula Land is known for its concept-based architectures in the commercial, retail and residential sectors. The company is also known for its professional corporate management, international landmarks and value additions.
Company Name | CMP |
---|---|
Dilip Buildcon | 461.90 |
Macrotech Developers | 1213.30 |
NBCC (India) | 132.25 |
Prestige EstatesProj | 1307.10 |
DLF | 895.55 |
View more.. |