Lancor Holdings Ltd signs LOI for Joint Development Project in Chennai

Lancor Holdings Ltd has signed a Letter of Intent (LOI) for the joint development of approximately 85000 sq.ft of 48 luxury residential apartments in a prime residential area of Chennai.

The implementation of this project will commence soon and company does not expect any challenges to sale and execution of this project.

Shares of LANCOR HOLDINGS LTD. was last trading in BSE at Rs. 53.57 as compared to the previous close of Rs. 53.10. The total number of shares traded during the day was 42612 in over 87 trades.

The stock hit an intraday high of Rs. 54.90 and intraday low of 52.25. The net turnover during the day was Rs. 2272183.00.

Source : Equity Bulls

Keywords

LANCORHOLDINGS INE572G01025 Realty LOI JointDevelopment Chennai PrimeResidentialArea