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A total of 65,329 shares changed hands on the counter till time (IST).

On the technical charts, the 200-day moving average of the stock stood at Rs 284.43.

As of 31-Dec-2022, promoters held 45.25 per cent stake in the company, while FIIs held 19.3 per cent and domestic institutional investors had 18.04 per cent.

In the NSE list of stocks with a market cap of over Rs 10,000 crore, four stocks closed above their 200 DMA on February 02. >> For more such web stories click on the ET icon below

A total of 2,399 shares changed hands on the counter till 11:23AM (IST)

Godrej Properties, incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 33213.77 Crore) operating in Real Estate sector.

The stock quoted a 52-week high price of Rs 6520.0 and a 52-week low of Rs 3733.25.

The rural market is seeing down-trading and is still in the recovery phase. The brokerage values the stock at 42x P/E on Dec-24E EPS to derive a target price of Rs 585.

The stock quoted a 52-week high price of Rs 5015.45 and low of Rs 3365.9.

“Options data suggests a broader trading range in between 17200 to 18200 zones while an immediate trading range in between 17350 to 17900 zones due to higher volatility,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.