Multibagger alert: This real estate company has found a new HNI investor

As per bulk deal data available on NSE, HNI Rama Krishna Varma Picked up 37 lakh shares at Rs 9.75 of KBC Global Ltd on 19 April 2022.

BSE and NSE listed, KBC Global Ltd is a leading player in the affordable and mid-income housing segment in its home turf Nashik, Maharashtra. As per bulk deal data available on NSE, HNI Rama Krishna Varma Picked up 37 lakh shares at Rs 9.75 of KBC Global Ltd on 19 April 2022. 

KBC Global Ltd is a first-generation construction company in Maharashtra and Western India. The company is founded and promoted by Naresh Karda in the year 2007. Promoters have an experience of more than 25 years in the construction industry. The company has established a brand name “Hari” for all its project. 

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

The company had recently participated in CREDAI Nashik Property Expo organized by CREDAI Nashik Metro. Here it showcased 12 prominent projects ranging from Affordable housing, Mid-segment and Luxury Housing across the Nashik region and successfully converted more than nine bookings, and additionally expects more than 50 to convert in the near term from more than a thousand enquiries it received for its projects.