Godrej Properties is currently trading at Rs. 2938.00, marking an increase of 61.65 points or 2.14% from its previous close of Rs. 2876.35 on the BSE.

The stock opened at Rs. 2900.00 and fluctuated between a high of Rs. 2975.00 and a low of Rs. 2900.00, with 12,506 shares traded so far.

This BSE 'A' group stock, with a face value of Rs. 5, reached a 52-week high of Rs. 3400.00 on July 16, 2024, and a 52-week low of Rs. 1496.40 on August 14, 2023.

In the past week, the stock ranged between Rs. 3050.05 and Rs. 2792.00. The company’s market capitalization stands at Rs. 82,196.42 crore.

Promoters hold a 58.48% stake in the company, while institutions and non-institutions hold 35.54% and 5.98%, respectively.

Godrej Properties (GPL) emerged as the highest bidder for two residential group housing plots in an e-auction conducted by the Greater Noida Industrial Development Authority (GNIDA), with a total bid value of Rs. 842 crore, according to SBI's e-tendering portal. GNIDA will issue the allotment letters following due process.

The land parcels, covering approximately 9.5 acres in Sector Sigma-III and around 8 acres in Sector 12, are located in prime areas of Greater Noida. They offer a development potential of around 3.75 million square feet and an estimated revenue potential exceeding Rs. 5,000 crore, including premium residential apartments of varied configurations. Greater Noida, known for its well-planned infrastructure, wide roads, and proximity to Delhi and Noida, provides a high-quality lifestyle and good connectivity to Jewar airport.

Godrej Properties, a real estate firm of the Godrej Group based in Mumbai, Maharashtra, is one of India’s leading real estate development companies, focusing on residential, commercial, and township projects.