₹349.9
0.19%
Low
Day's Volatility:2.14%
High
1.94%
18.83%
Low
52 Weeks Volatility:32.87%
High
14.03%
Returns % | |
1 Month Return | -9.08 % |
3 Month Return | -0.46 % |
1 Year Return | 10.41 % |
Market Stats | |
Previous Close | ₹353.31 |
Open | ₹356.70 |
Volume | 10.81L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹33,166.80Cr |
based on 14 analysts
Based on 14 analysts offering long term price targets for Embassy Office Parks REIT. An average target of ₹397.71
Source: S&P Global Market Intelligence
Organisation | Embassy Office Parks REIT |
Headquarters | |
Industry | Real Estate Investment Trusts |
E-voting on shares | Click here to vote |
Key events for Embassy Office Parks REIT
The Board of the real estate investment trust manager of Embassy Office Parks REIT has agreed to purchase Embassy Splendid TechZone, a Grade-A business park, for an enterprise value of Rs 12.7 billion. The acquisition will be funded via an equity fund raise of Rs 25 billion and is estimated to result in accretion of 2.9% to FY24 net operating income and distribution per unit.
Embassy Office Parks REIT to Raise $300 Million for Acquisition and Debt Repayment - 07 Apr, 2024
India's largest real estate investment trust, Embassy Office Parks, plans to raise ₹2,500 crore ($300 million) to finance the acquisition of an integrated office park in Chennai and reduce existing portfolio leverage. The move comes as commercial real estate booms in India, with large local and global companies hiring record numbers after the COVID-19 pandemic.
Embassy REIT Plans Fund Raise for Business Park Acquisition - 06 Apr, 2024
Embassy Office Parks REIT is set to acquire the Embassy Splendid TechZone business park in Chennai for an enterprise value of Rs 1,269 crore. The REIT intends to raise unit capital of Rs 2,500 crore primarily to finance the acquisition and reduce current portfolio leverage.
Embassy Office Parks REIT Increases Leasing Guidance for FY24 - 05 Apr, 2024
Following its Q2 earnings announcement, Embassy Office Parks REIT has increased its leasing guidance for FY24 from 6msf to 6.5msf and guided for an overall portfolio occupancy of 85% and same-store occupancy of 87% by FY24. The management expects even better quarters due to strong growth prospects, improvement in leasing trends, and better occupancy.
Embassy Office Parks REIT to Consider Fund Raising Plans - 03 Apr, 2024
Embassy Office Parks REIT shares rose 0.8% after announcing plans to consider and approve fund raising in a board meeting on April 6. The company did not disclose details of the nature or amount of fund raising, but recent reports suggest it could be around ₹3,337 crore. Embassy REIT is India's largest REIT with a market cap of over ₹35,000 crore.
Embassy Office Parks Plans to Raise Funds for Expansion - 02 Apr, 2024
Embassy Office Parks REIT is set to raise up to $400 million from investors to meet the growing demand for office space in India. The funds will be used to repay debt and acquire land in Chennai, where Embassy is looking to expand its presence.
Indian REIT Industry Seeks Access to Direct Bank Lending - 21 Mar, 2024
The Indian Real Estate Investment Trust (REIT) industry, including Embassy Office Parks REIT, is seeking access to direct bank lending and classification as equities. The IRA is in touch with the RBI for allowing banks to lend to such vehicles.
Embassy Office Parks REIT Awaits Clarity on Equity Classification - 20 Mar, 2024
The Indian REIT industry is pushing for direct bank lending and equity classification, with the IRA approaching regulators. Embassy REIT's CEO is in talks with the RBI for direct bank lending.
Fundamentals of Embassy Office Parks REIT
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
MF Holding Up
Mutual Funds have increased holdings from 12.76% to 22.51% in Dec 2023 quarter
Best in 1 Year
In the last 1 year, EMBASSY has outperformed top 5 stocks with highest market-cap in Commercial REITs
FII Holding Up
Foreign Institutions have increased holdings from 26.85% to 40.45% in Dec 2023 quarter
Profit Spike
Netprofit is up for the last 2 quarters, 216.67 Cr → 229.91 Cr (in ₹), with an average increase of 5.8% per quarter
Revenue Rich
Revenue is up for the last 2 quarters, 958.21 Cr → 1.01K Cr (in ₹), with an average increase of 5.2% per quarter
Against Peers
In the last 3 years, Mindspace Business Parks REIT has given 16.6% return, outperforming this stock by 1.7%
Promoter Holding Down
Promoters have decreased holdings from 31.28% to 7.69% in Dec 2023 quarter
Retail Holding Down
Retail Investor have decreased holdings from 20.07% to 19.88% in Dec 2023 quarter
Price Dip
In the last 1 month, EMBASSY stock has moved down by -9.1%
Embassy Office Parks REIT in the last 5 years
Lowest (34.34x)
April 19, 2021
Industry (31.45x)
April 16, 2024
Today (46.28x)
April 16, 2024
Highest (664.16x)
November 26, 2019
Funds | Holdings |
ICICI Prudential Balanced Advantage Fund Direct Plan Growth | 2.59% |
HDFC Flexi Cap Fund -Direct Plan - Growth Option | 1.98% |
HDFC Balanced Advantage Fund Direct Plan Growth Option | 0.9% |
SBI Equity Hybrid Fund Direct Growth | 0.79% |
ICICI Prudential Equity & Debt Fund Direct Plan Growth | 1.41% |
Investors | Holdings % | Prev. 4 periods | 3M change |
---|---|---|---|
Promoter Holdings | 7.69% | ||
Foreign Institutions | 40.45% | 50.66 | |
Mutual Funds | 22.51% | 76.37 | |
Retail Investors | 19.88% | ||
Others | 9.48% | 4.80 |
Technicals of Embassy Office Parks REIT share
News & Events of Embassy Office Parks REIT
Embassy Office Parks REIT Blogs
Embassy Office Parks REIT (EMBASSY) share price today is ₹349.9
Embassy Office Parks REIT is listed on NSE
Embassy Office Parks REIT is listed on BSE
PE Ratio of Embassy Office Parks REIT is 46.28
PE ratio = Embassy Office Parks REIT Market price per share / Embassy Office Parks REIT Earnings per share
Today’s traded volume of Embassy Office Parks REIT(EMBASSY) is 10.81L.
Today’s market capitalisation of Embassy Office Parks REIT(EMBASSY) is ₹33166.8Cr.
Embassy Office Parks REIT(EMBASSY | Price |
---|---|
52 Week High | ₹399 |
52 Week Low | ₹284 |
Embassy Office Parks REIT(EMBASSY) share price is ₹349.9. It is down -12.31% from its 52 Week High price of ₹399
Embassy Office Parks REIT(EMBASSY) share price is ₹349.9. It is up 23.20% from its 52 Week Low price of ₹284
Embassy Office Parks REIT(EMBASSY | Returns |
---|---|
1 Day Returns | -3.41% |
1 Month Returns | -9.08% |
3 Month Returns | -0.46% |
1 Year Returns | 10.41% |