Satra Properties India gained 4.94% to Rs 6.58 at 11:40 IST on BSE after the company said its step down subsidiary, RRB Realtors is launching a re-development residential project- Satra Harmony on 28 April 2017.
The announcement was made after market hours yesterday, 27 April 2017.Meanwhile, the S&P BSE Sensex was down 170.40 points, or 0.59%, to 29,853.68. The S&P BSE Small-Cap index was up 37.73 points, or 0.25%, to 15,317.22.
On the BSE, 3,010 shares were traded on the counter so far as against the average daily volumes of 5.69 lakh shares in the past one quarter. The stock had hit a high of Rs 6.66 and a low of Rs 6 so far during the day. The stock had hit a 52-week high of Rs 8.40 on 24 October 2016. The stock had hit a 52-week low of Rs 4.21 on 27 June 2016.
The small-cap company has equity capital of Rs 35.67 crore. Face value per share is Rs 2.
Satra Properties India's net profit jumped 135.4% to Rs 3.72 crore on 41.5% fall in net sales to Rs 16.95 crore in Q3 December 2016 over Q3 December 2015.
Satra Properties India is a flagship company of Satra Group, established with a focus on construction and development of luxury apartments with introducing Mumbai to the concept of ultra-luxury living with lavish specifications presence.
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