21 Jan 2026

Embassy Developments Gains on BSE amid Strategic Expansion into Mumbai Region

Embassy Developments is currently trading at RS 63.61, up by 0.33 points or 0.52% from its previous closing of RS 63.28 on the BSE.

The scrip opened at RS 63.29 and recorded a high and low of RS 64.40 and RS 63.29 respectively. A total of 489 shares have been traded so far on the counter.

The BSE group 'T' stock with a face value of RS 2 has touched a 52-week high of RS 163.70 on 21-Jan-2025 and a 52-week low of RS 55.80 on 05-Jan-2026.

During the past week, the stock witnessed a high and low of RS 69.95 and RS 63.28 respectively. The company currently holds a market capitalization of RS 8799.93 crore.

Promoter shareholding in the company stands at 42.66%, while Institutions hold 29.74% and Non-Institutions hold 27.59%.

Embassy Developments (EDL) has expanded into the Mumbai Metropolitan Region (MMR), marking the brand’s first residential projects in the city. Under this strategic growth, EDL plans to invest approximately RS 4,500 crore in three marquee residential projects located in Worli, Juhu, and Alibaug. Together, these developments reflect a combined Gross Development Value (GDV) exceeding RS 12,000 crore, with a total development footprint of roughly 1.58 million sq. ft (RERA carpet area). Project launches are scheduled to begin in Q4 FY2026.

With a legacy of more than three decades, Embassy Group has delivered over 75 million sq. ft. across 22+ cities, spanning residential, commercial, flexible workspaces, hospitality, education, and property management. Its entry into Mumbai reinforces its long-term confidence in India’s premium housing segment, backed by the successful delivery of over 21 million sq. ft. of homes across South India. The company aims to build a strong luxury and premium residential presence in Western India by leveraging its established development capabilities and hospitality-oriented residential design.

Embassy Developments (formerly Equinox India Developments and earlier Indiabulls Real Estate) remains one of India’s leading real estate developers, specializing in residential, commercial, and SEZ projects across the country.