Friday, December 13, 2019

Godrej Properties shines on adding 4 new projects in MMR, Bengaluru

Godrej Properties is currently trading at Rs. 941.60, up by 11.50 points or 1.24% from its previous closing of Rs. 930.10 on the BSE.

The scrip opened at Rs. 941.50 and has touched a high and low of Rs. 952.00 and Rs. 934.65 respectively. So far 3202 shares were traded on the counter.


The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1118.00 on 01-Jul-2019 and a 52 week low of Rs. 644.50 on 01-Jan-2019.

Last one week high and low of the scrip stood at Rs. 952.00 and Rs. 870.40 respectively. The current market cap of the company is Rs. 23847.71 crore.

The promoters holding in the company stood at 64.45%, while Institutions and Non-Institutions held 24.02% and 11.53% respectively.

Godrej Properties has added four new projects in Mumbai Metropolitan Region (MMR) and Bengaluru comprising 12.7 million square feet of developable area. The company has added three new projects at Navi Mumbai, Ambernath, and Thane in MMR and one new project in North Bengaluru. These new projects will add approximately 1.18 million square metres (12.70 million square feet) to its development portfolio.

Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.

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