Company plans to scale up business after second quarter
Sales bookings grew by 14 per cent
The company said it recorded the highest ever quarterly collection of Rs 2,041 crore
Tata Motors DVR, Intellect Design and SKF India are among the stocks that may be added to the MSCI SmallCap index
The Godrej Housing project is located in Sector 43, Noida
The stock of Mumbai-based real estate developer was quoting lower for the sixth straight trading day
Company has built a portfolio of 50 million sq ft in 30 months and plans 12 projects in the fourth quarter.
Realty firm Godrej Properties on Tuesday said it has raised Rs 3,750 crore through sale of shares to institutional investors.
The stock of Godrej Properties trimmed most of its early gains and closed on a mixed note on Wednesday.
Among sectoral indices, the Nifty Metal index remained the star performer today, closing 1.8 per cent higher, followed closely by the Nifty IT index (up 1.6 per cent).
AU Small Fin Bank launched its QIP on March 9 and fixed the floor price at Rs 1,181.06 per share
Godrej Properties had sought shareholders' approval through a postal ballot
Realty firm Godrej Properties on Monday said the company's shareholders have approved the company's proposal to raise up to Rs 3,750 crore through issue of securities.
Spread over nearly 1.5 acres, this project will offer approximately 400,000 square feet of development potential
Realty firm Godrej Properties Ltd has bought around 1.5 acre land parcels for Rs 166 crore in Mumbai to develop a residential project
Godrej Properties, part of Godrej Group, has lined up 12 launches in Mumbai, the National Capital Region, and Bengaluru
It is challenging, but the team is doing very well and these launches are in different cities, said Godrej
Looks to raise Rs 3,750 crore; board has cleared proposal for fundraise
Analysts, however, suggest investors remain selective on realty stocks and buy only where there is revenue visibility and a credible promoter backing
Godrej Properties will launch 12 housing projects during this quarter to expand business as it targets to clock record sales bookings this fiscal year