DB Realty shares were locked at the top circuit at the beginning of trading on March 2 after the company informed the stock exchange that he had won the land title owned by Mumbai.

Things that are under the review of the Supreme Court through litigation of public interests (pills), were released by the APEX court on February 28 supporting real estate developers. The court through the order has enabled subsidiaries of corporate property – prices to develop this land in Mumbai.

At 10:23 a.m., the script was traded at RS 99.65 each on the National Stock Exchange, while the benchmark Nifty 50 index fell 174.30 points or 1.04 percent at 16,619.60.

“With May 7, 2010, Hon. The High Court in Mumbai has ruled towards self-esteem. The award later prefers to Hon. Order of the High Court before the Dear Supreme Court”, the company said in the submission of regulations.

With this decision, empty land is empty around 22,000 square meters located in Andheri (East) Mumbai is now available for its subsidiaries for development. The company intends to develop subject land into a 2 million square foot office space (Leasable area) in the next 3 years.

Stock which is part of the ACE investor, the Rakesh Jhunjhunwala portfolio has changed multi-baggers in the past. The low 52-week is Rs 16.75 and a rally to make the highest 52 weeks Rs 134.05. This has resulted in a return of 221 percent in the past year and has been valued at 140 percent in the past three months. Stocks have risen 6.12 percent in the past week.

With news about a profitable verdict by the Supreme Court, the stock has it on the top circuit today and locked at Rs 99.65 appreciates RS 4.95 today.