Bengaluru, Nov. 26 -- On Wednesday a Microcap realty stock was in focus as the company bagged a redevelopment project for a welfare society in Mumbai, Maharashtra, which has an estimated GDV of Rs 93.56 crore.

With a market cap of Rs 414 Crore, the stocks of B-Right Real Estate Ltd hit an intra day high of Rs 403 going up by 3.3 percent soon after the market was hit with the above news.

What's the News?

On Wednesday B-Right Real Estate Ltd went to BSE to announce that the realty company has been appointed for the redevelopment project of Merry Building Welfare Society at Turel Pakhadi Road in Malad, Mumbai.

The 1,111 square meter project site is expected to generate a total saleable area of 33,158 sq. ft., with an estimated Gross Deve...