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Godrej Properties falls 5% despite strong Q4; brokerages see up to 15% gain
Godrej Properties reported a 73 per cent increase in its consolidated profit at ₹650 crore, as compared to ₹376 crore in the year-ago period
Godrej Properties, CDSL, Ambuja Cements And More Q4 Results Review: Check Buy, Hold, Sell Call and Revised Target Prices
HDFC Securities has come out with a mixed set of recommendations for Ambuja Cements, Godrej Properties, CDSL, Aditya Birla Capital, Cholamandalam following the March quarter earnings.
Godrej Properties Q4 Review: Profit Beat Drives Bullish Bets With 35% Upside, But Valuation Risks Remain
Jefferies maintained a Buy' rating and raised its target price to Rs 2,475, Bank of America (BofA) echoed similar optimism, maintaining a Buy' with a higher target of Rs 2,600. In contrast, Investec downgraded the stock to Hold', trimming its target price to Rs 1,986.
Stock Picks Today: Godrej Properties, Petronet LNG, AB Capital, Dabur, BHEL And More On Brokerages' Radar
Check out the top stocks on brokerages' radar heading into trade today.
Godrej Properties targets ₹39,000 crore in sales for FY27 after record-breaking year
In FY26, GPL's sales bookings rose 16% year-on-year to ₹34,171 crore. That was achieved through the sale of 17,513 units spanning 27 million sq ft, the highest ever by an Indian real estate firm.
Markets close in green; Adani Ports, Godrej Properties, BHEL rally on Q4 results
The Sensex rose 356 points to 77,269, while the Nifty gained 122 points to close at 24,119. The Nifty Bank index underperformed, adding just 15 points to end at 54,879.
Godrej Properties posts quarterly profit rise on housing demand
Indian real estate developer Godrej Properties reported a 70% rise in fourth-quarter profit on Monday as demand for residential apartments stayed high.
Godrej Properties Q4 Results: FY27 booking value guidance set at ₹39,000 crore; Stock jumps
For the March quarter, Godrej Properties reported a net profit jump of 70% from last year to ₹649 crore, while its revenue went up by 63% on a year-on-year basis to ₹3,458 crore.
Q4 Results LIVE Updates: DMart shares down 4%, ideaForge Technologies up 16%; Ambuja report today
Q4 Results LIVE Updates: Amubja Cements, Manappuram Finance, Godrej Properties, Aditya Birla Capital, Tata Technologies, KEI Industries, Jindal Stainless, BHEL, Aarti Industries, Sobha, Quess Corp, Tata Chemicals, Wockhardt, are among the companies reporting their earnings today. Also watch for earnings reactions from Avenue Supermarts, Kotak Mahindra Bank, CDSL, NSDL, Zen Technologies, Mazagon Dock and others. Watch this space for all the LIVE earnings reactions.
The Real Estate index is set for its best month in nearly five years as rebound continues
Stocks such as Sobha, Godrej Properties, Phoenix Mills Ltd., Ananta Raj, Lodha Developers, Oberoi Realty, Brigade Enterprises, Prestige Estates are trading with gains between 2% to as high as 4.5%. All constituents of the index are trading with gains. For the month so far, all constituents of the Realty Index are up between 15% to 30%.
Godrej Properties shares gain after surpassing bookings guidance for FY26 but collections miss
Godrej Properties said it added 18 new projects in FY26 with a total estimated booking value potential of ₹42,100 crore for a total estimated saleable area of around 33.32 million square feet. This included six new projects in the fourth quarter with an expected booking value of ₹17,450 crore for a total estimated saleable area of around 11 million square feet.
These two realty stocks should be on your radar today
Over the past three years, Godrej Properties booking value has grown at a compound annual growth rate of 41%, with the company achieving 105% of its annual guidance.