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Godrej Properties Ltd Share Price (GODREJPROP)

₹2537.62.66%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Godrej Properties Ltd share Performance

  • ₹2527.75
    ₹2636.85
    ₹2537.6
    downward going graph

    0.39%

    Low

    Day's Volatility:4.30%

    High

    3.91%

    downward going graph
  • ₹1255
    ₹2791.8
    ₹2537.6
    downward going graph

    50.54%

    Low

    52 Weeks Volatility:60.56%

    High

    10.02%

    downward going graph
1 Month Return20.53 %
3 Month Return12.58 %
1 Year Return99.42 %
Previous Close₹2,606.90
Open₹2,612.00
Volume5.50L
Upper Circuit-
Lower Circuit-
Market Cap₹72,482.63Cr

Analyst Rating for Godrej Properties Ltd stock

based on 18 analysts

HOLD
27.78%
Buy
27.78%
Hold
44.44%
Sell

Based on 18 analysts offering long term price targets for Godrej Properties Ltd. An average target of ₹2156.17

Source: S&P Global Market Intelligence

Company Information

Godrej Properties Ltd. (GPL) is a leading real estate development company in India, incorporated in the year 1990. It is a part of the Godrej Group, and operates in the residential, commercial and township development segments, with presence in over 12 cities across India.

GPL's top products include residential apartments, villas, office spaces, retail spaces, and integrated townships. Its popular brands include Godrej Exquisite, Godrej Woodsman Estate, Godrej Nature Plus, Godrej Platinum, Godrej Golf Links, Godrej E-City, and Godrej Nest. GPL has successfully delivered over 50 million sq. ft. of residential and commercial spaces across India, and has a portfolio of over 95 million sq. ft. of ongoing and planned projects. Its projects are certified by the Indian Green Building Council and have been awarded the LEED (Leadership in Energy and Environmental Design) Platinum rating.

Share Price: ₹2537.60 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹72,482.63Cr as of today
Revenue: ₹330.44Cr as on December 2023 (Q4 23)
Net Profit: ₹62.72Cr as on December 2023 (Q4 23)
Listing date: 05 Jan, 2010
Chairperson Name: Pirojsha Godrej
OrganisationGodrej Properties Ltd
Headquarters
IndustryRealty
E-voting on sharesClick here to vote

Key events for Godrej Properties Ltd

  • Godrej Properties Benefits from Booming Realty Sector - 18 Apr, 2024

    The Nifty Realty Index, which includes Godrej Properties, has seen over 100% returns in the past year due to factors such as increased demand for housing, reopening offices, affordable interest rates on loans, and rapid urbanization.

  • Godrej Properties Q4 Bookings Exceed ₹9,500 Crore - 12 Apr, 2024

    Godrej Properties reported a 135% YoY increase in bookings to exceed ₹9,500 crore in Q4 of FY24. Jefferies India Pvt Ltd expects significant margin improvement for the company due to early land purchases and Hyderabad's admission, with raised pre-sales estimates by 25% and 19% respectively. The target price has been increased to RS 3175, indicating an 18-19% upside for the stock trading at around ₹2675 levels.

  • Godrej Properties Reports Record Sales Booking in FY24 - 11 Apr, 2024

    Godrej Properties reported an 84% increase in sales booking to a record Rs 22,500 crore in FY24, beating estimates. The company aims to achieve Rs 25,000 crore pre-sales numbers in FY25 and plans to launch multiple housing projects in Delhi, Noida, and Gurugram this year. Jefferies maintains a buy rating on the stock.

  • Godrej Properties Reports Record Sales Bookings - 10 Apr, 2024

    Godrej Properties records an 84% increase in sales bookings to a record Rs22,500 crore in the last financial year. Jefferies maintains Buy rating and raises target price to Rs3,175. Morgan Stanley is bullish on the company. Motilal Oswal predicts strong pre-sales growth.

  • Godrej Properties Reports Record Sales Bookings - 09 Apr, 2024

    Godrej Properties records its highest-ever annual sales with homes worth Rs 22,500 crore sold in FY24. The company achieved a booking value of over Rs 9,500 crore in Q4FY24 alone, driven by superlative consumer demand in key new project launches. Shares surge 8% to hit a new high. However, RERA Gurugram rejects Godrej Developers' project extension application due to non-compliances of the Real Estate Act.

  • Godrej Properties Sells Homes Worth Over ₹3,000 Crore in Three Days - 08 Apr, 2024

    Godrej Properties' successful launch of its Godrej Zenith project in Gurugram resulted in selling over 1,050 homes worth over Rs 3,000 crore within three days. The company also reported a 473% YoY rise in sales for the Gurugram market in FY24 and has a strong launch pipeline for FY25. Shares have doubled over the last 12 months.

  • Godrej Properties Sells Over 800 Apartments in Mumbai Project - 06 Apr, 2024

    Godrej Properties has sold over 800 apartments worth Rs 2,690 crore in its Godrej Reserve project located in Mumbai's Kandivali suburb. The company's shareholder registry shows that public companies own 47% of the company, while two top shareholders hold a considerable amount of ownership through their 55% stake.

  • Godrej Properties Sells Inventory Worth Rs 2,690 Crore in Mumbai Project Launch - 05 Apr, 2024

    Godrej Properties has sold inventory worth Rs 2,690 crore in its newly launched Godrej Reserve project in Kandivali, Mumbai. The project has a developable potential of 3.72 million square feet with an estimated revenue potential of approximately Rs 7,000 crore. This is GPL's most successful launch ever in Mumbai in terms of the value and volume of sales achieved. The stock rose over 3% on the day.

  • Morgan Stanley Upgrades Godrej Properties Stock - 03 Apr, 2024

    Morgan Stanley has upgraded Godrej Properties stock to overweight and hiked the target price based on pre-sales momentum. The company reported its highest ever figure of Rs 5,700 crore in Q3 pre-sales, with faster growth than peers on a YoY basis.

  • Morgan Stanley Upgrades Godrej Properties Rating to Overweight - 02 Apr, 2024

    Morgan Stanley has upgraded its rating for Godrej Properties Ltd. to overweight from equal-weight with a target price of Rs 2,500 per share, implying a 4.8% upside. The company expects conservative guidance (+10-20% YoY in FY25e) and slower growth in 4QF24.

  • Godrej Properties Buys Land in Chennai - 20 Mar, 2024

    Godrej Properties has purchased 60 acres of land in the fast-developing micro market of Oragadam Junction, Chennai. The proposed project is estimated to have a developable potential of approximately 1.6 million square feet of saleable area.

Fundamentals of Godrej Properties Ltd

Insights on Godrej Properties Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 29.25% to 29.73% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, GODREJPROP stock has moved up by 20.5%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 58.48% of holdings in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Phoenix Mills Ltd has given 355.5% return, outperforming this stock by 255.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Macrotech Developers Ltd has given 148.4% return, outperforming this stock by 48.9%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 2.23% to 2.21% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 4 quarters, 1.93K Cr → 548.31 Cr (in ₹), with an average decrease of 31.8% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 412.14 Cr → 62.27 Cr (in ₹), with an average decrease of 41.0% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 7.66% to 7.09% in Dec 2023 quarter

Godrej Properties Ltd Valuation

Godrej Properties Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-489.78x)

October 18, 2021

Today (108.40x)

April 16, 2024

Industry (205.79x)

April 16, 2024

Highest (750.76x)

August 1, 2018

LowHigh

Mutual Fund Holdings

Funds Holdings
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth0.87%
HSBC Midcap Fund Direct Plan GrowthHSBC Midcap Fund Direct Plan Growth2.35%
SBI Magnum Midcap Fund Direct GrowthSBI Magnum Midcap Fund Direct Growth1.16%
Kotak Equity Arbitrage Fund Direct GrowthKotak Equity Arbitrage Fund Direct Growth0.37%
ICICI Prudential MidCap Fund Direct Plan GrowthICICI Prudential MidCap Fund Direct Plan Growth2.16%

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
58.48%
0.00
Foreign Institutions
29.73%
1.66
Mutual Funds
2.21%
-0.78
Retail Investors
7.09%
-7.39
Others
2.48%
4.15

Technicals of Godrej Properties Ltd share

News & Events of Godrej Properties Ltd

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Godrej Properties Ltd (GODREJPROP) share price today is ₹2537.6

Godrej Properties Ltd is listed on NSE

Godrej Properties Ltd is listed on BSE

  • Today’s highest price of Godrej Properties Ltd is ₹2636.85.
  • Today’s lowest price of Godrej Properties Ltd is ₹2527.75.

PE Ratio of Godrej Properties Ltd is 108.4

PE ratio = Godrej Properties Ltd Market price per share / Godrej Properties Ltd Earnings per share

Today’s traded volume of Godrej Properties Ltd(GODREJPROP) is 5.50L.

Today’s market capitalisation of Godrej Properties Ltd(GODREJPROP) is ₹72482.63Cr.

Godrej Properties Ltd(GODREJPROPPrice
52 Week High
₹2791.8
52 Week Low
₹1255

Godrej Properties Ltd(GODREJPROP) share price is ₹2537.6. It is down -9.11% from its 52 Week High price of ₹2791.8

Godrej Properties Ltd(GODREJPROP) share price is ₹2537.6. It is up 102.20% from its 52 Week Low price of ₹1255

Godrej Properties Ltd(GODREJPROPReturns
1 Day Returns
-69.3%
1 Month Returns
20.53%
3 Month Returns
12.58%
1 Year Returns
99.42%