Martin Burn Ltd has entered into a Joint Venture agreement with Institute of International Trade for an affordable Housing Project at Sonarpur, Under Kalikapur - I Gram Panchayat, District South 24 Pgs Pin - 743 613.
The land area is 4.56 crores and 4.25 lakh sq.ft. is proposed to be constructed.
The approximate sales realization will be Rs. 110 crore, in which Martin Burn Ltd's share will be 80% and Institute of International Trade's share will be 20%.
Shares of MARTIN BURN LTD. was last trading in BSE at Rs.44.9 as compared to the previous close of Rs. 43.5. The total number of shares traded during the day was 6398 in over 40 trades.
The stock hit an intraday high of Rs. 44.9 and intraday low of 41.5. The net turnover during the day was Rs. 281574.