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Signature Global commits Rs 1,200-1,500 crore for land acquisitions in FY27
Signature Global will spend Rs 1,200-1,500 crore on land acquisitions this fiscal year. This is double its previous spending. The real estate market slowdown has made land prices more attractive. The company aims to acquire large land parcels for integrated township projects. It is also looking for land in Delhi. Signature Global expects pre-sales of Rs 10,000 crore in FY27.
Acutaas Chemicals among 4 stocks that closed crossing above VWAP
Four Nifty500 stocks, Signatureglobal (India), Afcons Infrastructure, Aarti Industries and ACME Solar Holdings, closed over 1% above VWAP on May 29, signaling bullish momentum and strengthening positive market sentiment.
Signature Global aims 21pc growth in sales bookings in FY27 at Rs 10,000 crore
Signature Global aims for a 21 percent sales booking increase to Rs 10,000 crore this fiscal year. This comes after a 20 percent dip in the previous fiscal. The company reported a significant jump in net profit for the last fiscal year. Signature Global is expanding its portfolio with new projects and strategic partnerships.