Supreme Holdings & Hospitality Climbs 10% as Panvel Project GDV Estimated Over ₹2,500 Crore

Mumbai, September 18, 2025: Supreme Holdings & Hospitality (India) Limited (BSE: 530677, NSE: SUPREME) shares rallied 10.55% to ₹87.00 at 2:17 p.m. IST on Thursday after the firm announced its Panvel land development, making an estimate of Gross Development Value (GDV) over ₹2,500 crore.

Supreme Holdings & Hospitality (India) Limited, which is listed on both BSE and NSE, deals in large-scale residential and commercial property developments. The company remains committed to high-growth urban corridors such as Panvel to build its portfolio.

Stock Performance

The stock opened strong at ₹79.00 and quickly surged to an intraday high of ₹88.25, up from the previous close of ₹78.70. With a market capitalization of ₹330.12 crore, the stock also featured among the Top 10 traded counters of the day. Trading volumes crossed 8.19 lakh shares, with buy orders of 1.79 lakh significantly outpacing sell orders of just under 70,000 shares, reflecting heightened investor interest.

Project Update

The firm disclosed that it has made an application for Intimation of Disapproval (IOD) and construction permissions for its land tracts at Panvel. The envisioned development spans a probable saleable area of approximately 31.17 lakh sq. ft. As per current market conditions, Supreme Holdings believes the GDV of the projects to be more than ₹2,500 crore, provided there are timely regulatory approvals and market performance.

Market Context

Panvel has become a major growth center, backed by potential infrastructure developments like the Navi Mumbai International Airport and enhanced connectivity with Mumbai. Experts point out that the realty activity in the area is set to gain from increasing demand for integrated townships and mixed-use schemes, placing Supreme Holdings in a position to benefit from long-term value.

With approvals underway and robust investor interest, Supreme Holdings is well-positioned to ride the Panvel real estate boom. Prompt implementation of the planned projects could substantially boost revenues and raise the company’s stature in the mid-cap real estate arena.

REF: https://nsearchives.nseindia.com/corporate/BELMAC_18092025115435_SHHIL_Communication_to_Investors_18092025.pdf

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