{"id":112479,"date":"2023-10-23T11:13:12","date_gmt":"2023-10-23T05:43:12","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=112479"},"modified":"2023-10-23T11:13:18","modified_gmt":"2023-10-23T05:43:18","slug":"real-estate-stock-jumps-up-to-3-after-a-new-residential-project-in-bengaluru","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/real-estate-stock-jumps-up-to-3-after-a-new-residential-project-in-bengaluru\/","title":{"rendered":"Real Estate stock jumps up to 3% after it signs a new residential project in Bengaluru"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1724453796\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>On Monday this small-cap stock gains up to 3% after the company added a new project. The stock has delivered 12% returns in 6 months and 29% returns in one year. It has a market capitalisation of Rs. 1,557 Cr making it a small-cap company.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3545189901\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h4 class=\"wp-block-heading\" id=\"h-arvind-smartspaces-ltd\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/ARVSMART\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Arvind SmartSpaces Ltd<\/a><\/strong><\/h4><p>On Monday the stock opened at Rs. 343.45 and the stock went up to Rs. 353.75, i.e. 3% up from its previous close price of Rs. 343.10 on the BSE. Currently, the stock is trading 0.09% up at Rs. 343.40.<\/p><p>According to the BSE filing, Arvind SmartSpace Ltd has signed a new residential apartment project in Bengaluru, with a total estimated saleable area of ~4.06 lakh sq. ft. and a top line potential of ~Rs. 400 Cr.<\/p><p>The company\u2019s total revenues grew by 11.3% from Rs. 62.03 Cr in Q1 FY23 to Rs. 69.07 Cr in Q1 FY24 and the net profit rose by 23.1% from 7.39 in Q1 FY23 to Rs. 9.10 Cr.<\/p><div class=\"trade-content_5\" id=\"trade-559548534\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>As per the latest shareholding data, Promoters hold 50.43%, FIIs hold 0.69%, DIIs hold 11.49% and the public hold a 37.39% stake in the company.&nbsp;<\/p><p>Arvind SmartSpaces is India&#8217;s largest real estate development firm, located in Ahmedabad. With roughly 60 million square feet of real estate development around the country, the company is committed to providing real estate solutions that meet the needs of its customers and it is emerging as a leading corporate real estate player in the country.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sheshadri N<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-4046819185\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>On Monday this small-cap stock gains up to 3% after the company added a new project. The stock has delivered 12% returns in 6 months and 29% returns in one year. It has a market capitalisation of Rs. 1,557 Cr making it a small-cap company. Arvind SmartSpaces Ltd On Monday the stock opened at Rs. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":82782,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[12501,13589,12500,948,936],"class_list":["post-112479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-arvind-smartspaces-latest-news","tag-arvind-smartspaces-new-project","tag-arvind-smartspaces-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Real Estate stock jumps up to 3% after it signs a new residential project in Bengaluru - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"On Monday this small-cap stock gains up to 3% after the company added a new project. 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