Arihant Superstructures saw a notable rise in its share price, trading at ₹452.35, an increase of 2.21% or 9.80 points from its previous close of ₹442.55 on the BSE. The stock opened at ₹451.00 and fluctuated between ₹463.90 and ₹446.15 during the session, with 4,750 shares traded.
The scrip, classified under the BSE 'B' group with a face value of ₹10, reached a 52-week high of ₹476.25 on December 13, 2024, and a 52-week low of ₹254.90 on January 1, 2024. Over the past week, the stock has ranged between ₹475.50 and ₹435.25. The company currently boasts a market capitalization of ₹1,861.87 crore.
Promoter holdings stand strong at 74.71%, while institutions and non-institutional investors account for 0.02% and 25.27%, respectively.
The company has acquired 11 acres of land adjoining its ‘World Villas’ project on the Chowk-Karjat Road, opposite ND Film Studios, near the Old Mumbai-Pune Highway. The acquisition expands the residential layout to 88 acres, allowing for additional villas. Strategically located within the Navi Mumbai Airport zone of ‘Mumbai 3.0,’ the site is a 30-minute drive from the upcoming Navi Mumbai International Airport and the MTHL Sea Link to South Mumbai.
Arihant Superstructures, a prominent name in the real estate sector, continues to prioritize offering quality and affordable lifestyle solutions, reflecting its core values.