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Godrej Properties jumps on achieving sales of Rs 1,650 crore within a year of launch Godrej Woods project in Noida

17 Mar 2022 Evaluate

Godrej Properties is currently trading at Rs. 1579.80, up by 53.05 points or 3.47% from its previous closing of Rs. 1526.75 on the BSE.

The scrip opened at Rs. 1559.00 and has touched a high and low of Rs. 1582.00 and Rs. 1548.35 respectively. So far 26551 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2598.00 on 14-Oct-2021 and a 52 week low of Rs. 1200.10 on 06-May-2021.

Last one week high and low of the scrip stood at Rs. 1586.00 and Rs. 1463.50 respectively. The current market cap of the company is Rs. 42441.83 crore.

The promoters holding in the company stood at 58.43%, while Institutions and Non-Institutions held 33.94% and 7.63% respectively.
Godrej Properties (GPL) has sold 855 homes worth Rs 1,650 crore within a year of the launch of their project, Godrej Woods in Noida in March 2021. This includes sales of 509 crore in March 2021 and sales of 1141 crore in FY 22 YTD.

Situated in Noida - Sector 43, homes at Godrej Woods are set amidst a lush green urban forest with over 600 trees. The project offers several lifestyle amenities such as infinity-edge pools, a cafe, rivulet, a modern clubhouse, orchards, a forest trail, and an elevated walkway. The project is situated right next to the 97-acre Noida Golf Course and offers excellent connectivity to the high-quality social infrastructure in the vicinity.

Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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