Powered by: Motilal Oswal
08-07-2024 04:19 PM | Source: Accord Fintech
Signatureglobal shines on reporting 3.5 times jump in sales bookings to Rs 3,120 crore in Q1FY25

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Signatureglobal (India) is currently trading at Rs. 1549.40, up by 49.45 points or 3.30% from its previous closing of Rs. 1499.95 on the BSE.

The scrip opened at Rs. 1550.00 and has touched a high and low of Rs. 1559.15 and Rs. 1514.15 respectively. So far 67167 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 1559.15 on 08-Jul-2024 and a 52 week low of Rs. 444.10 on 27-Sep-2023.

Last one week high and low of the scrip stood at Rs. 1559.15 and Rs. 1395.65 respectively. The current market cap of the company is Rs. 21647.08 crore.

The promoters holding in the company stood at 69.63%, while Institutions and Non-Institutions held 11.17% and 19.20% respectively.

Signatureglobal (India) has reported a 3.5 times jump in sales bookings to Rs 3,120 crore for the April-June quarter (Q1FY25) on high demand for its housing projects. The company’s sales bookings stood at Rs 820 crore in the year-ago period. The company sold 968 units in the first quarter of this fiscal (Q1FY25) as against 894 units in the corresponding period of the previous year. In terms of volume, its sales bookings more than doubled to 2.03 million square feet from 0.91 million square feet a year earlier. 

Signatureglobal (India) is a real estate development company. The company operates in the National Capital Region of Delhi (Delhi NCR). The company strategically focused on the Affordable Housing segment and the Middle Income Housing segment through GoI and state government policies.