GODREJ PROPERTIES SURGES 4.2% AFTER LAUNCHING MUMBAI PROJECT

Godrej Properties (GPL), the real estate development arm of the Godrej Group, witnessed a rise in share price on Thursday after the company today launched its flagship project, The Trees in Vikhroli, Mumbai.

With an area of 34 acres, this is one of the largest real estate projects in Mumbai and is the first step towards the greater development opportunity that will unfold in Vikhroli.

Shares of Godrej Properties are trading at Rs 324.90, up Rs 9.4, or 2.98% at the Bombay Stock Exchange (BSE) on Thursday at 1:49 p.m.

The scrip has touched an intra-day high of Rs 330.00 and low of Rs 315.00. The total volume of shares traded at the BSE is 33,095.

Published

Total volume of shares traded on the bourses todaywaslowerby39.57%to135,864compared with 22-day average volume of 224,836.