Rodium Realty is currently trading at Rs. 130.00, up by 1.50 points or 1.17% from its previous closing of Rs. 128.50 on the BSE.
The scrip opened at Rs. 122.10 and has touched a high and low of Rs. 130.00 and Rs. 122.10 respectively. So far 115 shares were traded on the counter.
The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 192.50 on 30-Mar-2016 and a 52 week low of Rs. 111.00 on 20-Dec-2016.
Last one week high and low of the scrip stood at Rs. 135.00 and Rs. 128.50 respectively. The current market cap of the company is Rs. 42.22 crore.
The promoters holding in the company stood at 66.96%, while Non-Institutions held 33.04% stake.
Rodium Realty has raised Rs 36 crore in the form of structured debt from Capri Global Capital to support the project's construction. The investment is for a premium mixed-use redevelopment project, X'point, located on S.V. Road in Kandivali West, Mumbai, which consists of prime retail shops on S.V. Road and premium 2 and 3 BHK residences.
The funds will be used to accelerate construction and to speed up the delivery timeline. Also, these funds from Capri will help the company in timely achieving of planned cash flows, maintaining the construction pace and completing this landmark project.
Rodium Realty is an avantgarde organization in the field of property development, project management, building management and build to suit solutions. The company is engaged in the development and construction of residential, office space, retail and mixed use projects by integrating various requirements and specific demands of customers.