Mumbai (Udaipur Kiran) — Shares of Arvind SmartSpaces Ltd gained momentum on Tuesday after the company announced its entry into the Vadodara residential real estate market with a major horizontal development project.
The stock was trading at ₹636.00, up ₹10.85 or 1.74%, from its previous close of ₹625.15 on the BSE. During the day, the scrip touched an intraday high of ₹647.00 and a low of ₹621.05, with around 3,395 shares traded on the counter.
The company’s market capitalization currently stands at ₹2,917.14 crore. The stock has a 52-week high of ₹1,024.35 (recorded on November 28, 2024) and a 52-week low of ₹580.25 (on August 14, 2025).
As of the latest data, promoters hold 49.82% in the company, while institutional investors and non-institutions own 15.70% and 34.47%, respectively.
The newly announced project, located in Vadodara’s Ajwa Road micro market, is a joint development venture with a top-line potential exceeding ₹700 crore. Designed as a large-scale horizontal residential community, the project aims to combine luxury living with smart design and sustainable amenities, offering residents a tranquil lifestyle well-connected to the city.
With this launch, Arvind SmartSpaces continues to expand its footprint across key urban markets in Gujarat, reinforcing its position as a leading real estate and construction developer known for innovative and future-ready housing solutions.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
