Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Rakshak – Ek Shaam Gujarat Police Ke Naam, show postponed due to elections Press Release
  • TTK Prestige launches innovative Sleek SS gas stove that is high on aesthetics and low on maintenance Business
  • How pandemic propelled Digital Marketing Expert and Business Consultant Manish Singh to resurrect – WhalerWatt Digital Services Pvt. Ltd A
  • Arvind Singgh Rajpoot’s ‘Scinemasters Entertainment’ to enter Marathi Cinema in a big way Business
  • Silver Consumer Electricals Pvt Ltd Closes Private Placement Round; Valued at Rs. 4000 Million Business
  • MNTG Listing announcement of probit & launch of decentralized Crypto cash Ludo game Business
  • “Let the consumers know benefits of Sago, the industry will grow on its own” – MR. Rajkumar Sabu Business
  • Maharani by Rungtas Becomes a Silver Destination with 10000+ Happy Customers Business

Elara India Opportunities Fund Picks up a stake in Karda Constructions Ltd.

Posted on August 18, 2021 By dsprime 10 Comments on Elara India Opportunities Fund Picks up a stake in Karda Constructions Ltd.

Nashik, August 18: Elara India Opportunities Fund Ltd. has picked up a stake in BSE & NSE listed Karda Constructions Ltd. (KCL) (BSE: 541161; NSE: KARDA), a leading real estate developer. As per bulk deal data available on BSE, Elara India Opportunities Fund has picked up 961340 shares at Rs. 21.50 on August 17, 2021.

Recently the company had announced excellent results for the quarter ended June 30, 2021. Total income rose from Rs. 1776.95 lakhs (Q1FY21) to Rs. 2028.76 (Q1FY22), a Y-O-Y increase of ~14%. The profit after tax (PAT) saw massive growth, from Rs. 174.46 Lakhs (Q1FY21) to Rs. 614.24 (Q1FY22), an increase of 252%.

The company’s business activity falls within two business segments – Development of Real Estate Properties and Civil Contracting Business.

Karda Constructions Ltd is a First-Generation Construction Company in Maharashtra and Western India with a disciplined and professional approach. The company is founded and promoted by Mr. Naresh Karda in the year 2007. Promoter has an experience of more than 25 years in the construction industry. The company has established its brand name as “Hari” for its entire project. The company has received an Award for the “Iconic Budget Home” by Times Realty Icons Award 2019, Navi Mumbai & Thane. The company also received an Award for the “The Most Preferred Real Estate Company” of Nashik at the event “My Maharashtra Awards-2019”.

The company has a strong project pipeline of Rs 1,185 crore, of which 70% of the project will go live by 2025. The company has diversified revenue streams – civil contracts, joint development, government and private contract. Karda construction has 7 lakh square feet of land reserves with access to prime locations across Nashik district and other territories.

Business Tags:Business

Post navigation

Previous Post: Indian Delphic Council announces Executive Board for Delphic Council of Maharashtra
Next Post: JUMPIE: An interactive hobby learning platform for kids to embrace their artistic side

Related Posts

  • Patron of World Book of Records and Member of British Parliament Virendra Sharma gets felicitated with Bharat Kirtimaan Alankaran 2023 Business
  • DRiefcase Launches Healthy Bytes to simplify healthcare for You Business
  • ADNOC and TEA BREAK join hands for collaboration Business
  • Top 9 Dryfruit Industry Insights: Seasonal Demand, Market Leaders, and Price Changes Business
  • Bengal’s popular brand, Sreeleathers, looking to expand its operations in North India Business
  • Superior technologies products at best prices and after sale support empower Danube Business

Comments (10) on “Elara India Opportunities Fund Picks up a stake in Karda Constructions Ltd.”

  1. marizon ilogert says:
    October 4, 2022 at 3:38 pm

    I was looking through some of your articles on this internet site and I believe this site is rattling instructive! Keep on putting up.

  2. zmozero teriloren says:
    November 22, 2022 at 5:21 pm

    Excellent post. I used to be checking constantly this blog and I am impressed! Extremely useful info specifically the last phase 🙂 I take care of such info a lot. I used to be seeking this particular info for a very long time. Thanks and good luck.

  3. Ultimate Music Guide to Adult Contemporary says:
    December 18, 2022 at 3:29 pm

    There is apparently a bundle to realize about this. I suppose you made certain nice points in features also.

  4. The Best Places to Go for New Years Eve in Mianyang (China) says:
    December 21, 2022 at 6:31 am

    When I originally commented I clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I get four emails with the same comment. Is there any way you can remove me from that service? Thanks!

  5. The Best Places to do Work Experience Dublin (Ireland) says:
    December 23, 2022 at 1:30 pm

    The very heart of your writing whilst sounding agreeable initially, did not really settle perfectly with me after some time. Somewhere within the paragraphs you were able to make me a believer but only for a short while. I however have got a problem with your leaps in logic and you might do nicely to fill in all those breaks. In the event you actually can accomplish that, I could certainly end up being amazed.

  6. Handbook Guide to a Opel - P4 (Classic Handbook Car Guide) says:
    December 25, 2022 at 4:47 am

    I see something really special in this web site.

  7. Top Places to Shop in Mendoza (Argentina) says:
    January 1, 2023 at 6:25 am

    I got what you intend, appreciate it for posting.Woh I am thankful to find this website through google.

  8. Top Places to start a Franchise in Baltimore (United States) says:
    January 1, 2023 at 10:43 pm

    Very good written information. It will be valuable to anyone who usess it, including me. Keep up the good work – i will definitely read more posts.

  9. Top Places to Adventure in Voronezh (Russia) says:
    January 2, 2023 at 8:23 am

    Yeah bookmaking this wasn’t a bad conclusion great post! .

  10. nemzetközi fuvarozás árak Europa Road Kft says:
    January 16, 2023 at 1:33 am

    Some really nice and utilitarian info on this web site, also I conceive the design and style contains great features.

Leave a Reply Cancel reply

Your email address will not be published.

Recent Posts

  • Social Commerce Platform-enabler, Springo joins #SucSEEDFamily
  • Vibhas Sen awarded with Indira Diversity Award 2023
  • The Beauty Sailor; a premium skin care brand in India
  • Restore Your Smile with Dental Implants:  10 Best Dentists Debunks Some Myths about Implants
  • On This ‘WORLD CANCER DAY’: 8 Best Oncologists Share Their Advices on Increasing Risks of Cancer

Recent Comments

  • Judygab on M X Player launches its Much hyped & most intriguing Murder Mystery ‘Missing Chapter’
  • Amygab on Astrology for business: Dr. Vinay Bajrangi
  • Idepaydup on Jaipur realtor Mohit Jajoo honoured with AsiaOne Most Influential Young Leader 2021-22 award in New Delhi
  • CurtisNuh on Gene editing – A tool to tackle climate change and to achieve food security in the Asia Pacific – Dr. Ravi Khetarpal
  • kontol bernanah on MediaDekho.com has become a trusted platform to provide guaranteed and affordable PR & advertising services in India
  • Markets are volatile, time to Increase your SIP, Have you done it yet? Business
  • PIPL Plans to Go Pan-India Looking at Business Growth Business
  • Aviakul conferred with Innovation in Aviation Ecosystem award at Atma Nirbhar Bharat Conclave & Awards 2022: Founder & Managing Director Shri. Vaibhav Varun received the honors Business
  • Alice Blue Leverages Technology to offer seamless customer experience Business
  • CFTI joins hands with the Soi Foundation to distribute bicycles to underprivileged female students Press Release
  • CMR Engineering College Offers Courses in Novel Emerging Technologies for Which Admissions Are Opening For the Year 2021 Press Release
  • Future of Energy Innovation: An Interactive Session on Renewable Energy and Energy Efficiency Press Release
  • Aaji care effective solution  for changing elder care needs through its first Geriatric Care Centre in Pune at Kalyani Nagar Health

Copyright © 2023 Daily News India.

Powered by PressBook News WordPress theme