Godrej Properties expects to beat initial expectations for FY24
"We have done about 82% of the full year guidance we had given by the end of the third quarter. We are quite optimistic of going well past the Rs 10,000 crore annual booking guidance we had given. Exactly what the number will be will depend on the number of launches that happen and how they are received," says Pirojshah Godrej.
Share price of Godrej Properties jumps as Sensex gains 360.46 points
Promoters held 58.37 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 27.73 per cent and 2.71 per cent, respectively.
Infra stocks rally after FM raises capex outlay by 33% to Rs 10 lakh cr
Nifty Infrastructure climbed six-tenth of a percent to 5,093 level at the time of writing this article, with Indian Hotels being the biggest gainer with 6 percent rally.
Godrej Properties buys 89-acre land in Khalapur, Maharashtra
In a regulatory filing, Godrej Properties informed that it has entered into an agreement for outright purchase of a land parcel in Khalapur - Raigad, Maharashtra.
Godrej Properties stock price down 1.71 per cent as Sensex slides
As of 31-Dec-2022, promoters held 58.37 per cent stake in the company, while FIIs held 27.73 per cent and domestic institutional investors had 2.71 per cent.
Godrej Properties buys 60-acre land in Chennai's Oragadam
The proposed project is estimated to have a developable potential of approximately 1.6 million square of saleable area, comprising primarily of residential plotted development, the company said in a statement.
Share price of Godrej Properties jumps as Sensex drops 73.83 points
Promoters held 58.37 per cent stake in the company as of 30-Sep-2022, while FII and DII ownership stood at 27.73 per cent and 2.71 per cent, respectively.
PFC and REC are doing well now; should you buy them? Digant Haria answers
"We were quite positive on real estate and the stocks really did not do well despite the sales. I could sense that there are two things which the market is worried about. Last year, big inflation came through in cement and all kinds of building materials which go into building a house and that would probably be the only reason of concern which I could figure out. Apart from that, the sector outlook is really healthy and it is again representative of the rich mens consumption which is really booming in India. "
Godrej Properties Limited has informed the Exchange regarding 'Authorisation under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015'.
Share price of Godrej Properties jumps as Sensex gains 10.5 points
Promoters held 58.37 per cent stake in the company as of 30-Sep-2022, while FII and DII ownership stood at 27.73 per cent and 2.71 per cent, respectively.
Sandip Sabharwal on which stocks and sectors to look at in 2023
L&T has also done very well but L&T I still believe even from the current levels can offer double digit returns because of the kind of order flows that are happening on a daily basis on the balance sheet and its valuations have not zoomed up as the other large caps.
Stocks in the news: NDTV, Tata Motors, Siemens, DB Realty, Quess Corp
The founders of NDTV, Radhika Roy and Prannoy Roy, will transfer 27.26% of their stake in the company to Adani Group-owned RRPR Holding. Consequently, Adani Group will hold 64.71% stake in the news broadcaster.
Godrej Properties stock price down 1.7 per cent as Sensex slides
As of 30-Sep-2022, promoters held 58.37 per cent stake in the company, while FIIs held 27.73 per cent and domestic institutional investors had 2.71 per cent.
Godrej Properties eyes Rs 3,000 crore sales revenue from 14-acre new land in Gurugram
In a regulatory filing, the company said it has "entered into an agreement for development of 14.27 acres of land in Gurugram, Haryana." The development will comprise predominantly premium residential apartments.
FPIs go long on realty stocks, invest Rs 3,150 cr in Dec
According to Murtuza Arsiwalla, an analyst at Kotak Securities, the three listed REITs (Real Estate Investment Trusts) offer near-term revenue growth of 15-20% between FY2022 and FY2025, aided by organic and inorganic growth. "Investors focus on improving physical occupancy and return-to-office strategies of large IT companies. We are encouraged by strong leasing activity for the industry, partially factoring in healthy dividend yields," he said.