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Stocks to watch: BHEL, SAIL, Yes Bank, National Fertilizers, Cosmo Films

Read more about Stocks to watch: BHEL, SAIL, Yes Bank, National Fertilizers, Cosmo Films on Business Standard. A total of 57 companies are slated to post their quarterly numbers today, including BEML, BHEL, Cochin Shipyard, DLF and Edelweiss Financial Services

Kolte Patil reports Q4 PAT at Rs 21 cr

Read more about Kolte Patil reports Q4 PAT at Rs 21 cr on Business Standard. On a consolidated basis, Kolte-Patil Developers net profit stood at Rs 20.90 crore in Q4 FY21 compared with net loss of Rs 2.18 crore in Q4 FY20.

Kolte-Patil rises after signing two new projects in Pune

Kolte-Patil Developers rose 2.31% to Rs 230.45 after the real estate developer announced the signing of two new projects in Pune under the development management model.The two projects have a combined saleable area of about 1.3 million square feet (msf). The company expects development management (DM) fees of approximately Rs 80 crore. As the development manager, Kolte-Patil will lend its brand to these projects and jointly collaborate with the land owners to oversee product design, sales and marketing, project quality and cash flow management leading to time-bound handover to buyers. The project costs would continue to be borne by the respective projects. The First project located at Hinjewadi has a plot area of 8.4 acres and a saleable area of 0.75 million square feet. The project is for residential use. The second project is located at Tathawade. It has a plot area of 5.4 acres and a saleable area of 0.55 million square feet. The project is for mixed purpose.

Kolte-Patil signs two new projects in Pune under DM model

Kolte-Patil signs two new projects in Pune under DM model
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