Bengaluru, Dec. 16 -- The shares of this realty company engaged in development and delivering real estate solutions consisting of residential, commercial and industrial projects, were in focus after adding a new project with revenue potential of Rs. 550 Crores.

With the market capitalization of Rs. 2725 Crores, the shares of Arvind Smartspaces were trading at around Rs. 596 per share which is ~40 percent less from its 52 weeks high of Rs. 992. The stock is trading at a P/E of 29.6 where as industry P/E stands at 33.6

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Arvind SmartSpaces has acquired a new residential high-rise project in Whitefield, Bengaluru, spread across 4.18 acres with a saleable area of ~4.6 lakh sq. ft. and an estimated top-line potential of ~Rs.5...