Current price is more than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Speaking to ET NOW, Mohit Malhotra stated that the Bangalore project will be a low-rise development and that the company's target is to keep debt to equity at 1-1.5x. He also added that the margins will benefit from cooling of raw materials cost. So where is the company headed? What is the roadmap ahead? Watch this interview on ET NOW for more details.
#ETNow #LatestNews #MohitMalhotra
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Target Is To Keep Debt To Equity At 1-1.5x | Mohit Malhotra, Godrej Properties | English News

Situated at Indiranagar, the project has an estimated booking value potential of ₹750 crore

Godrej Properties acquires land parcel in Bengaluru

The project is estimated to have developable potential of approx 6 lakh square feet of saleable area, Godrej Properties says.

Godrej Properties Buys Seven-Acre Plot In Bengaluru’s Indiranagar Area

Plans to develop premium residential project

Godrej Properties acquires 7-acres land near Indiranagar, Bengaluru

Based on the current business assumptions, the project will have an estimated booking value potential of approximately Rs 750 crore.

Godrej Properties acquires 7-acres land parcel in Bengaluru’s Indiranagar extension

“Indiranagar is an important micro market for us...This will further strengthen our presence in Bengaluru and complement our strategy of deepening our presence in key micro markets across India’s leading cities,” said Mohit Malhotra, MD & CEO, Godrej Properties.

Godrej Properties acquires seven-acre land in Bengaluru’s Indiranagar extension

Godrej Ascend in Thane and Godrej Horizon in Dadar-Wadala record the sale of over 700 homes with an area over 8 lakh sq. ft.

Godrej Properties achieves sales of over Rs1,200 crore from two project launches in Mumbai

The company further said that it has cumulatively sold 700+ homes accounting for an area of over 8.08 lakh square feet for both projects launched in Q1 FY 23.

Godrej Properties says record sales from Mumbai housing project launches

In a regulatory filing, the company said it launched two new projects, Godrej Ascend located at Kolshet Road, Thane and Godrej Horizon located at Dadar, Wadala, during first quarter of this fiscal year.

Godrej Properties clocks Rs 1,210 cr sale bookings in two new Mumbai projects

Godrej Properties said that it has achieved record sales worth Rs 1,210 crore through the simultaneous launch of two new projects, Godrej Ascend located at Kolshet Road, Thane and Godrej Horizon located at Dadar - Wadala, Mumbai.

Godrej Properties records sales of over Rs 1,200 crore from two Mumbai projects

Through launch of two new projects in Thane and Mumbai

Godrej Properties achieves record sales of Rs 1210 cr

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

Godrej Properties Ltd

Godrej Properties Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Target Is To Keep Debt To Equity At 1-1.5x | Mohit Malhotra, Godrej Properties | English News

Godrej Properties acquires land parcel in Bengaluru

Godrej Properties Buys Seven-Acre Plot In Bengaluru’s Indiranagar Area

Godrej Properties acquires 7-acres land near Indiranagar, Bengaluru

Godrej Properties acquires 7-acres land parcel in Bengaluru’s Indiranagar extension

Godrej Properties acquires seven-acre land in Bengaluru’s Indiranagar extension

Godrej Properties achieves sales of over Rs1,200 crore from two project launches in Mumbai

Godrej Properties Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Target Is To Keep Debt To Equity At 1-1.5x | Mohit Malhotra, Godrej Properties | English News

Godrej Properties acquires land parcel in Bengaluru

Godrej Properties Buys Seven-Acre Plot In Bengaluru’s Indiranagar Area

Godrej Properties acquires 7-acres land near Indiranagar, Bengaluru

Godrej Properties acquires 7-acres land parcel in Bengaluru’s Indiranagar extension

Godrej Properties acquires seven-acre land in Bengaluru’s Indiranagar extension

Godrej Properties achieves sales of over Rs1,200 crore from two project launches in Mumbai

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock