Godrej Properties shares

Market Movers: What triggered the sharp revival in real estate stocks?

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MUMBAI: It is not often that Indian shareholders triumph over the mighty promoters. While many might see Zee Entertainment Enterprises’ announcement of a merger with Sony India as a win for the beleaguered Puneet Goenka, it is truly a victory for shareholder activism. Invesco Oppenheimer, the largest shareholder in the broadcast company, wanted Goenka, MD … Read more

After 2x rally in a year, can Godrej Properties sustain momentum?

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The stock has lost 10% in three trading sessions since its quarterly result on Monday morning. Synopsis The company reported a 10% year-on-year increase in sales value at Rs 2,610 for the quarter aided by the new launches which contributed one third. ET Intelligence Group: Mumbai headquartered Godrej Properties reported a double digit growth in … Read more