After Noida, Godrej Properties acquires 90-acre land parcel in Maharashtra
Greater Noida plots, spanning around 17.5 acre, comprising 9.5 acres in Sector Sigma-III and 8 acres in Sector 12, were secured for ₹842 cr
Greater Noida plots, spanning around 17.5 acre, comprising 9.5 acres in Sector Sigma-III and 8 acres in Sector 12, were secured for ₹842 cr
BSE realty index surged over 3% today, led by sectoral heavyweights such as Lodha, DLF, Oberoi Realty, Godrej Prop, Prestige, and Sunteck Realty.
As competition widens across businesses, can the Bajaj Group retain its mojo?
The company’s adjusted EBITDA in the March quarter of FY24 declined by 2% at 40.99% as against 46.02% in the corresponding period of FY23.
Out of five listed entities, Godrej Consumer, Godrej Agrovet and ASTEC were trading higher, while Godrej Properties and Godrej Industries slipped in red.
The Godrej empire is run by two splinter families, led by cousins Adi Godrej and Jamshyd Godrej.
As per the FSA, Godrej Industries Group (GIG) will be controlled by Adi Godrej, Nadir Godrej and their immediate families.
The Godrej Group stock jumped 3.5% to touch a fresh 52-week high of ₹2,524 today after it unveiled a plan to develop a township project in Bengaluru.
Nifty Realty Index surges over 6% and touches fresh all-time high of 834.45
The Mumbai-based realty firm will issue 10 million warrants each to Rekha Jhunjhunwala and RARE Enterprises, which is owned by Rakesh Jhunjhunwala.