Shares of Godrej Properties spurted 9% on Tuesday after the company in its filing to the exchanges informed that the company sold over 2,900 homes with a booking value in excess of Rs2,100cr in Q4 FY19.
"The company sold over 2,900 homes with a total area of ~3.75 mn sq ft and a booking value in excess of Rs2,100cr during the quarter. Q4 FY19 was GPL's best ever quarter for bookings eclipsing its previous best ever residential sales quarter, achieved in Q3 FY19, by ~50%," the company said in a press note after markets hours to the exchanges on Monday.
As per the filing, this performance was achieved through the launch of four new projects combined with strong sales from existing inventory.
"The company sold over 2,900 homes with a total area of ~3.75 mn sq ft and a booking value in excess of Rs2,100cr during the quarter. Q4 FY19 was GPL's best ever quarter for bookings eclipsing its previous best ever residential sales quarter, achieved in Q3 FY19, by ~50%," the company said in a press note after markets hours to the exchanges on Monday.
As per the filing, this performance was achieved through the launch of four new projects combined with strong sales from existing inventory.
Godrej Properties Ltd's share price is currently at Rs883.15, up by Rs69.85 or 8.59%, from its previous close of Rs813.30 on the BSE.
No comments:
Post a Comment