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Godrej Properties rallies 14% on heavy volumes

The company said that it has sold over 1000 apartments across three new project launches since March

Godrej BKC is in MMR | Photo: godrejproperties.com
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Godrej BKC is in MMR | Photo: godrejproperties.com

SI Reporter Mumbai
Shares of Godrej Properties rallied 14% to Rs 575 on the National Stock Exchange (NSE) on the back of heavy volumes after the company announced that it has sold over 1000 apartments across three new project launches since March 2017.

The trading volumes on the counter jumped more than 8-fold with a combined 3.35 million shares exchanging hands on NSE and BSE till 10:09 am.

“The Mumbai-based real estate developer receives an overwhelming response to its new project launches in- Godrej Origins at The Trees in Mumbai, The Suites at Godrej Golf Links in Greater Noida and Godrej

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