Realty Stock Jumps 9% After Q1 Pre-Sales Increase 25% QoQ
Bengaluru, July 15 -- Shares of a leading Delhi-NCR real estate developer came into focus after the company released its Q1 FY27 operational update to the exchanges on Monday. On the surface, the quarter looked mixed: units sold fell sharply year-on-year, and collections were lower too. But the value of what was sold told a different story, rising on the back of a much richer product mix and the launch of the company's first branded residences project.
With a market capitalisation of around Rs. 12,583.85 crore, the shares of Signature Global (India) Limited jumped 9.05 percent (Rs.897) as a reaction to the news from its previous close of Rs.822.55,. It is trading at a P/E of 10.57 times.
Q1 FY27 Pre-Sales Update
Pre-sales for the quart...
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