DSIJ Mindshare

Speaking on these appointments, the Board of Directors expressed their confidence in the capabilities and vision of the newly appointed CEO and COO. They believe that under their leadership, Star Housing will continue to drive innovation, expand its customer base, and cement its position as a trusted partner for homebuyers across the country.

The shares of the company have gained more than 70 per cent in the last six months.

A rights issue allows a company to raise funds from existing shareholders by offering them additional shares at a discounted price. The issue opened on Wednesday, June 24, 2023, and will close on July 04, 2023.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 141.55 points or 0.22 per cent.

The company has a market cap of over Rs 2,900 crore. The stock has an ROE of 60 per cent and a ROCE of 55.80 per cent.