Announced Fri, 17 Apr · 11:13 IST
AGI Infra gets JDA licence for 'AGI Green Crest' housing project
AGIIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.6%1-day move
₹358.80
prior close
₹370.45
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.0+0.1-0.3+3.6+2.0+0.2+2.2-0.8+0.1+6.0+5.4+3.1-6.0
Up moveDown movePending
AI summary
Agi Infra Limited has received development licence No. JDA-2026/115 from the Jalandhar Development Authority for its Group Housing project 'AGI Green Crest'. Located in a premium residential area in Jalandhar, the project comprises 452 flats (445 3BHK and 7 2BHK) along with planned amenities. The licence is valid until March 29, 2031. The company stated this approval will help increase its revenue and profits through flat sales.
Likely market impact
Positive - clears the way to launch and sell 452 flats, supporting future revenue and profit growth for shareholders.