Bengaluru, July 23 -- The shares of this Real Estate major is in focus after the company has secured approval from Uttar Pradesh Real Estate Regulatory Authority (UP RERA) to act as its Co-Promoter for its Project titled Sunworld Arista. In this article, we will discuss more about it in detail.

With a market capitalization of Rs 217 crore, the shares of Nimbus Projects Ltd are currently trading at Rs 200 per share, down by 28.6 percent from its 52-week high of Rs 280 per share. Over the past five years, the stock has delivered a robust return of 669 percent.

Nimbus Projects Limited announced that it has received the green light from UP-RERA to act as Co-Promoter for Sunworld Arista (Phase-II) in Noida. This enables Nimbus to co-promote ...