The shares were bought at price of Rs 115 apiece.
NDR InvIT Trust shares today settled at Rs 120, gaining by Rs 5 or 4.35% over the Monday closing price of Rs 115.
NDR InvIT Trust is sponsored by NDR Warehousing Private Limited and it engages in infrastructure investments. The entity claims to have more than 60+ Warehouses and 37 industrial parks and focuses on quality and sustainability for each of our projects.
The company specializes in logistics and warehousing solutions and its 37 warehouses total approximately 19 million square feet across 15 cities as of February 28, 2025. It offers services to retail, e-commerce, 3PL, manufacturing, and imports and exports sectors.
NDR InvIT Trust was listed on the NSE on February 14, 2024 and its current market capitalization is Rs 4,752.15 crore.Its shares today hit a fresh 52 week high of Rs 122. It has given returns of 16.5% in the past one year out performing the headline Nifty and BSE Sensex whose returns in the same period stand at a negative 2.41% and 2.89%, respectively.Its shares are currently trading above its 50-day simple moving average (SMA) of Rs 104.9.
NDR InvIT Trust reported a consolidated net profit of Rs 38 crore in the quarter ended June 30, down 2.6% over 39.3% in the year ago period. Its total revenue in the said quarter stood at Rs 108 crore, recording a 42% jump over Rs 76 crore in the corresponding quarter of the previous financial year.
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