One such news has come about the realty firm Godrej Properties Limited, due to which there has been a tremendous increase in the purchase of shares of the company. In fact, Godrej Properties has sold 855 homes worth Rs 1,650 crore within a year of the launch of the Godrej Woods project in Noida. This includes sales of Rs 509 crore in March 2021 and Rs 1,141 crore in FY 2021-22 so far.
Share Price: Amidst this news, the share price of Godrej Properties has been rising steadily. The share price of the company has increased by 4.60 percent on the BSE index as compared to a day earlier. In rupee terms, the share price of the company has increased by Rs 70. Presently the share price of Godrej Properties is Rs 1597. Talking about the market capital, it is Rs 44,400 crore. The share price of Godrej Properties stood at an all-time high of Rs 2,598 on 14 October 2021.
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What is the company’s plan: Godrej Properties is planning to increase sales even further. According to Mohit Malhotra, MD and CEO, Noida is an important market for us, and we will try to maintain and increase this momentum in the years to come.