Realty stock drops 42% YoY in pre-sales for Q1 FY27
pre-market1 source ↓written by the desknot a recommendation
- in Q1 FY27
- 42% YoY decline
- from 52-week high
- 39.04%
A Mumbai-focused real estate developer reported a 42% YoY decline in Q1 FY27 pre-sales, attributed to lack of new launches. Despite this, collections remained stable, and the company received a credit rating upgrade. Future growth hinges on the execution of planned launches in the Mumbai Metropolitan Region.
• Current share price: ₹420.60
• Market capitalization: ₹5,309 cr
• Year-to-date decline: 39.04% from 52-week high.
Not investment advice. For informational purposes only.