Godrej Properties is currently trading at Rs. 1629.90, up by 32.70 points or 2.05% from its previous closing of Rs. 1597.20 on the BSE.
The scrip opened at Rs. 1601.00 and has touched a high and low of Rs. 1639.65 and Rs. 1601.00 respectively. So far 32755 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 2598.00 on 14-Oct-2021 and a 52 week low of Rs. 1200.10 on 06-May-2021.
Last one week high and low of the scrip stood at Rs. 1639.65 and Rs. 1463.50 respectively. The current market cap of the company is Rs. 45337.07 crore.
The promoters holding in the company stood at 58.43%, while Institutions and Non-Institutions held 33.94% and 7.63% respectively.
Godrej Properties has achieved FY22 sales worth Rs 1,002 crore for its township project Riverhills in Mahalunge, Pune. The company has sold over 1,550 homes accounting for over 1.5 million square feet in the current financial year for this township project.
Since the launch of their first phase in the township in September 2019, the company has sold over 3,600 homes with 3.4 million square feet of area and a booking value of over Rs 2,100 crore.
Riverhills is a mixed-use township, nestled amidst a River and a Hill with over 8 hectares of accessible greens. Riverhills is one of the first Townships in the proposed 283 hectares Mahalunge Maan Hi-Tech City and is in close proximity to Baner, the residential hub, and Hinjewadi, the IT hub.
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.