[ad_1] India’s residential real estate sector posted a modest recovery in the third quarter of FY25, with sales increasing by 10% on a sequential basis. That said, sales remain down by 8% on a year-on-year (YoY) basis, primarily owing to weak launches, which saw a significant drop of 35% YoY and 20% quarter-on-quarter (QoQ). Company […]
These are the two top real estate stock picks for 2025, as per Antique – CNBC TV18
[ad_1] Brokerage firm Antique anticipates subdued real estate sales bookings for Aditya Birla Real Estate, Prestige Estates, Sobha, Sunteck Realty, and Kolte-Patil Developers in the third quarter of financial year 2025, citing limited or no new project launches. Company Value Change %Change In contrast, strong performance is expected from Godrej Properties, Macrotech Developers, DLF, Oberoi […]
Buy Prestige Estates, Brigade for the medium term, Nuvama recommends on these factors – CNBC TV18
[ad_1] Brokerage firm Nuvama Institutional Equities believes realty stocks are attractive from a medium-term perspective in light of rising RERA-driven consolidation. With investors increasingly gaining confidence about the housing sales trajectory, the brokerage believes the odds for the next leg of re-rating are high for developers with sizeable land banks. Company Value Change %Change Nuvama […]
UBS recommends buying DLF, Prestige Estates on re-rating prospects – CNBC TV18
[ad_1] Global brokerage firm UBS has initiated coverage on three real estate stocks, DLF Ltd., Prestige Estates Projects Ltd. and Oberoi Realty Ltd., where it sees potential upsides of up to 27% over the next 12 months. The foreign brokerage has initiated coverage on DLF with a ‘Buy’ rating and a target price (TP) of […]
Sensex Today | Stock Market LIVE Updates: Nifty consolidates around 26,000; Nifty Bank monthly expiry today
[ad_1] Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session flat after hitting fresh record highs. Nifty 50 ended at 25,940.40, while Sensex ended at 84,914.04. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 71.15 points away […]
Prestige Estates raises ₹5,000 crore by selling shares via QIP route – CNBC TV18
[ad_1] Realty firm Prestige Estates Projects Ltd has raised ₹5,000 crore by selling equity shares to institutional investors through private placement. The company had on August 29 launched its Qualified Institutional Placement (QIP) to raise funds. In a regulatory filing on Wednesday, Prestige Estates informed that a fundraising committee of the board approved the allocation […]
Motilal Oswal predicts 10-12% earnings growth for Nifty companies in FY25 – CNBC TV18
[ad_1] Motilal Oswal Financial Services, projects a promising trajectory for Nifty companies, forecasting an earnings growth of 10-12% for FY25. Despite a muted start to the year, Gautam Duggad, Head of Research, Institutional Equities at Motilal Oswal, remains optimistic, citing this growth as moderate yet reasonable given the strong base of 30% earnings growth from the […]
Banks, rate-sensitive stocks volatile after RBI status-quo, GDP projections maintained – CNBC TV18
[ad_1] Shares of rate-sensitive sectors such as banking, finance, auto, and real estate were trading on a mixed note after the Reserve Bank of India’s (RBI) policy decision. While the Nifty Bank index was trading lower at 49,968.20, the auto index was trading flat at 24,920.30. NSE realty index, on the other hand, was trading […]
Real Estate stocks, down 10-15% from Budget day, set to see a recovery? – CNBC TV18
[ad_1] India’s Real Estate stocks, from Godrej Properties, to Macrotech and Prestige Estates are poised for a recovery on Tuesday after the government confirmed a CNBC-TV18 newsbreak after moving an amendment to the Finance Bill to provide relief to the sector. The government is set to allow taxpayers to avail either a lower rate of […]
Nifty Realty Index corrects for fourth day in a row, falls 15% from peak amid global sell-off – CNBC TV18
[ad_1] The Nifty Realty index is down another 5% in Monday’s trading session, extending its declines for the fourth day running. With today’s move, the index has corrected 15% from its peak it made on June 18, 2024. For today’s session, the Nifty Realty index is the top sectoral loser. All 10 index constituents are […]