Godrej Properties jumps on new residential project in Pune - The New Indian Express

Godrej Properties jumps on new residential project in Pune

Published: 27th March 2014 10:19 AM

Last Updated: 27th March 2014 10:19 AM

Godrej Properties (GPL) shares gained on Thursday after the company has entered into a partnership to develop a residential project in Mundhwa, Keshavnagar, Pune.

The project, spread over 43 acres, will offer approximately 260,000 sq. meters (2.8 million sq. ft.) of saleable area. It will be developed as a premium residential development comprising 1, 2, 3, and 4 BHK apartments.

Shares of the company are trading at Rs 192.15, up Rs 5.55, or 2.97% at the Bombay Stock Exchange (BSE) on Thursday at 9:27 a.m.The scrip has touched an intra-day high of Rs 193.10 and low of Rs 188.00. The total volume of shares traded at the BSE is 32,511.In the earlier session, the shares climbed 2.39%, or Rs 4.35, at Rs 186.60.Currently, the stock is trading down 35.25% from its 52-week high of Rs 296.75 and above 24.85% over the 52-week low of Rs 153.90.

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