Company Overview and News
The party continued at Dalal Street which showed the bulls are not ready to give up as benchmark indices scaled to fresh record closing high on Monday, driven by TCS and Reliance Industries. (40-0)
Mumbai: Corporate real estate developers, some of them new entrants, are chalking out expansion plans to take advantage of a changing regulatory environment amid rising distressed assets in the realty market.
Bengaluru: Piramal Realty, the real estate development arm of Piramal Group, has entered into a development agreement with Omkar Realtors and Developers Pvt. Ltd for a 12-acre project in Mahalaxmi, a prime location in Mumbai. (55-0)
Real estate stocks underperformed banking, housing finance companies and the benchmark index during 2011-2016. As if subdued buying sentiments due to high interest rates and property prices were not enough, demonetisation hit the sector very hard. As a result, the Nifty Realty index has given negative return of 10 per cent in the said period, while Nifty 50 climbed 77 per cent and the Bank Nifty more than doubled.
The Indian benchmark indices on the first day of the new year were trading flat with the Sensex adding 12 points and was trading at 34068 while the Nifty was flat at 10530. (7-0)
Welcoming 2018, the Indian benchmark indices on the first day of the new year were trading on a positive note on Monday with the Sensex adding 23 points and was trading at 34080 while the Nifty shed 1 point and was trading at 10529. (8-0)
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.
The board of Godrej Industries will meet on Thursday to approve the scheme of amalgamation of Vora Soaps with itself. VSL holds 57.66 per cent of the equity share capital of Gujarat Industries, which will get cancelled pursuant to the amalgamation. The merger will result in reduction of a layer of company in the holding structure and enhance flexibility for its listed subsidiaries - Godrej Properties and Godrej Agrovet - to incorporate or acquire new subsidiaries.
New Delhi: Godrej Industries on Tuesday said its board will meet later this week to consider merger of promoter group firm Vora Soaps with the company.
The government’s seeking to take over embattled real estate developer Unitech would send a strong message to the industry, developers said. “It is a wake-up call for all corporates to not do business at the cost of customers, shareholders and vendors,” said J C Sharma, vice-chairman and managing director of Bengaluru-based realty developer Sobha. “It will send a message to the industry that if you mismanage your company you will lose it,” said an executive with a Delhi-based real estate company. (8-0)
Godrej Properties had a strong Q2 both in terms of income statement, operations and pre-sales. In an interview with CNBC-TV18, Pirojsha Godrej, Executive Chairman of the company shared his views and outlook on how Q3 is shaping up.
Watch out for mid-cap companies such as Godrej Properties, Crompton Consumer, Astral, Jubilant and Arvind, says CLSA Asia Pacific Markets in a report in the light of SEBI’s recent move on classification and minimum investment requirements.
The Indian benchmark indices on Wednesday afternoon were trading on a positive note with the Nifty up 9 point or 0.09 percent while the Sensex added 38 points at 33654. (18-0)
The Indian benchmark indices on Wednesday morning were trading flat with the Nifty up 1 point or 0.01 percent while the Sensex added 2 points at 33625. (18-0)
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton