Godrej Properties shares fall 5% post Q4 earnings report
after close1 source ↓written by the desknot a recommendation
- on 5
- 5%
- a target
- ₹2,600
- in FY27
- 14% YoY pre-sales growth
Shares of Godrej Properties Ltd. fell 5% on 5 May following its Q4 earnings report. The company highlighted potential risks from global security disruptions impacting demand. Despite this, CLSA maintains an outperform rating with a target of ₹2,600, citing expected 14% YoY pre-sales growth in FY27.
The outlook remains positive as housing demand stays robust across markets, although cash flows may lag behind pre-sales in FY26.
Not investment advice. For informational purposes only.