Ashiana Housing is currently trading at Rs. 74.70, up by 1.55 points or 2.12% from its previous closing of Rs. 73.15 on the BSE.
The scrip opened at Rs. 76.70 and has touched a high and low of Rs. 76.70 and Rs. 74.60 respectively.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 125.00 on 13-Feb-2020 and a 52 week low of Rs. 39.00 on 19-May-2020.
Last one week high and low of the scrip stood at Rs. 77.95 and Rs. 72.35 respectively. The current market cap of the company is Rs. 748.71 crore.
The promoters holding in the company stood at 61.22%, while Institutions and Non-Institutions held 10.65% and 28.13% respectively.
Ashiana Housing is planning to invest around Rs 400 crore over the next four years on new housing projects that it plans to launch during this fiscal year, and is also looking for partnerships with landowners for expansion of its business.
The company is also looking for land in Delhi-NCR, Pune and Chennai markets to develop more housing projects for senior citizens as well as normal residences. It wants to add 3-4 projects for normal housing and 3-4 senior living residential projects in joint ventures with landowners.
Ashiana Housing is a real estate development company. It is engaged in building residential and commercial projects. The firm also offers retirement resorts, group housing, hotels, retail and facility management.