Godrej Properties Ltd.’s shares rose 0.84% intraday after receiving high credit ratings for proposed NCD borrowing programs. ICRA and India Ratings assigned “AA+” and “AA+/Stable” ratings respectively. Existing bank facilities, NCD and CP limits also maintain ratings of “AA+/A1+” and “Stable” outloo…

Godrej Properties shares up on high credit ratings of its NCD programmes

Godrej Properties: The stock, after hitting a 52-week high, aims to rebound from solid support at ₹1,480-1,500. Buy at ₹1,526, add on a drop to ₹1,480. Initiate a stop-loss at ₹1,390, adjusting to ₹1,540 after ₹1,610. Raise to ₹1,600 at ₹1,680, targeting exit at ₹1,750 for potential gains. Indian Ho…

Technical Analysis: Godrej Properties, Indian Hotels Company and Whirlpool of India

Godrej Properties, a leading Indian realty firm, reported an 11% YoY decline in sales bookings amounting to Rs 22.5 billion in Q1 FY2023-24. However, with Q1 FY2022-23 witnessing near-zero sales due to the pandemic, Pirojsha Godrej, executive chairman, is confident of meeting its annual sales target…

Sales weak in Apr-Jun; will meet Rs 14k cr sales bookings target in FY24: Godrej Properties Chairman Pirojsha

A short build-up was seen in 74 stocks, including Vedanta, RBL Bank, Godrej Properties, L&T Finance Holdings, and Berger Paints. An increase in OI along with a fall in price points to a build-up of short positions

Trade setup for Friday: Top 15 things to know before the opening bell

Results Review for Titan, Ambuja Cement, Aditya Birla Capital, Godrej Properties

Godrej Properties Q1 profit up 208%, revs 282%; shares down 5%. Profit surged 208% to Rs 133.69 cr, revs 282% to Rs 936.09 cr; sequentially, profit down 70%. Gross sales bookings of 2.25 msf worth Rs 22.5 bn, down 11% YoY. Operating cash surplus weak at Rs 1.2 bn; net debt rose to Rs 53 bn. Shares …

Godrej Properties shares down 5 per cent

The real estate developer on August 2 reported about a three-fold jump in consolidated net profit at Rs 125 crore for the April-June quarter.

Godrej Properties trades 3% lower on Q1 earnings, brokerages keep ‘buy’ tag

This assessment identified the presence of chloride in the concrete used in the Godrej Summit project, which in contact with water, leads to corrosion of steel reinforcement, the company said.

Godrej Properties to spend Rs 155 crore in repairs for Gurugram project found with quality issues

The earnings call to discuss the first quarter results of the company was partly dominated by the Gurgaon project

Godrej Properties prepared to buy back all units in contaminated Gurgaon building

At Rs 125 crore, the net profit was down 70 percent QoQ and revenue declined 32 percent to Rs 1,315 crore but year on year, the profit was up 174 percent and revenue 251 percent

Godrej Properties Q1 show disappoints Street, stock falls 2%

The company’s consolidated net profit surged 174.72% YoY to Rs 125 crore, but missed Bloomberg estimate of Rs 144.6 crore.

Godrej Properties Q1 Results: Profit Jumps Nearly Threefold, But Miss Estimates

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Godrej Properties Limited is a real estate company engaged in construction and real estate development.