Godrej Properties Ltd. key Products/Revenue Portions incorporate Pay From Genuine Domain Im urprovement, Deal of administrations, Other Working Income and Rent Rentals for the year finishing 31-Mar-2021.
ICICI Direct has purchase call on Godrej Properties with a target cost of Rs 1795. The current advertise cost of Godrej Properties Ltd. is Rs 1585.9. Time period given by analyst is 3 months when Godrej Properties Ltd. cost can reach characterized target.
Godrej Properties Ltd., joined within the year 1985, may be a Huge Cap company (having a showcase cap of Rs 44849.63 Crore) working in Real Estate sector.
Godrej Properties Ltd. key Products/Revenue Sections incorporate Wage From Genuine Bequest Advancement, Deal of administrations, Other Working Income and Rent Rentals for the year finishing 31-Mar-2021.
For the quarter finished 30-06-2021, the company detailed a Solidified Add up to Wage of Rs 261.99 Crore, down -54.52 % from final quarter Add up to Salary of Rs 576.08 Crore and up 33.90 % from final year same quarter Add up to Salary of Rs 195.66 Crore. Company detailed net benefit after assess of Rs 46.68 Crore in most recent quarter.
The stock has seen a solid buying request within the current week from the bolster area of Rs 1450 because it is the juncture of the 50% retracement of May-August rally (Rs 1200-1698) and the rising request line joining lows since October 2020 highlighting positive cost structure and offers new passage opportunity. Going ahead, the brokerage anticipates the stock to preserve positive predisposition and head towards Rs 1795 in coming months because it is 138.2% outside retracement of later breather(Rs 1698-1431).
Promoters held 64.4 per cent stake within the company as of Sept 30, 2020, whereas FIIs held 20.3 per cent, DIIS 4.8 per cent and open and others 10.5 per cent.