Akruti City- Stock Split only after market stabilises..
- Mr.Shah (Akruti City Ltd) said the board of directors would decide on a stock-split only after the stock market stabilises.
- Akruti City Ltd has witnessed a revival in sales during the first quarter of the current fiscal, a top official said on Friday.
- “Sales of the company have picked up by 30-35 percent in FY10 after falling nearly 80 percent in the last two quarters of FY09,” Vyomesh Vimal Shah, managing director said,
- The company’s land bank stood at 30 million sq.feet.
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