Trendlyne Blog: , Latest on stock market and finance in India and the world.

01 Jul 2025

1626.50

0.10%

Prestige Group eyes 3,350 cr revenue from new housing project in Chennai

Business Standard

Prestige Estates Projects Ltd is targeting Rs 3,350 crore revenue from its upcoming housing project in Chennai. The company has launched a residential project Prestige Pallavaram Gardens - on the PallavaramThoraipakkam Radial Road in Chennai. The 21.84-acre project has 2,069 premium apartments, offering a total saleable area of 3.1 million (31 lakh ) square feet and a "a Gross Development Value (GDV) of Rs 3,350 crore. Irfan Razack, Chairman & Managing Director, Prestige Group, said: "Chennai has emerged as one of the most dynamic real estate markets in South India, and we are delighted to strengthen our presence here." Bengaluru-based Prestige Group has a portfolio of residential, commercial, retail, hospitality, and integrated townships across major cities. The group has delivered 302 projects spanning 193 million square feet and has a pipeline of 130 projects covering 203 million square feet area. Prestige Estates Projects Ltd has set a target to sell properties worth Rs...

Prestige Estates Pro.. has an average target of 1667.50 from 4 brokers.

Nesco Ltd.

01 Jul 2025

1378.60

5.91%

Nesco share price rises over 4%, hits all-time high on 3,500-cr capex plan

Business Standard

Nesco share price was buzzing in trade after the company announced that its board has approved a capex of up to 3,500 crore for development of Tower 2 in IT Park

Nesco Ltd. is trading at high volume of 605.3K with price gain of 5.91.

Keystone Realtors Ltd.

01 Jul 2025

621.45

-1.95%

Keystone Realtors up 8% on receiving LoA for Mumbai redevelopment project

Business Standard

Keystone Realtors share price jumped 8 per cent after the realty player along with MHADA bagged an LoA for redevelopment project in Mumbai

Keystone Realtors Ltd. is trading above its 200 day SMA of 604.0

Anant Raj Ltd.

30 Jun 2025, 02:50PM

564.60

-2.62%

Anant Raj to invest $2 Billion on Data Centre boom

Business Line

This is in addition to the one already operational, as it aims for a capacity of little over 300 megawatts by 2032, Amit Sarin, managing director at Anant Raj said

Anant Raj Ltd. has gained 21.17% in the last 3 Months

Delhi developer Anant Raj to invest $2 billion on India data center boom

Business Standard | 30 Jun 2025, 02:34PM 1 more

Raymond Ltd.

30 Jun 2025, 02:49PM

668.60

-2.19%

Raymond, Raymond Lifestyle zoom up to 16% on heavy volume; here's why

Business Standard

Share price of Raymond has zoomed 67 per cent and Raymond Lifestyle by 64 per cent from their respective 52-week lows touched on April 7, 2025.

Promoters unpledged 1.46% of shares in last quarter. Total pledge stands at 9.78% of promoter holdings

Embassy Office Parks REIT

30 Jun 2025, 01:40PM

395.69

-0.44%

Embassy REIT secures 1,550 cr via NCDs, loans to refinance existing debt

Business Standard

Embassy Office Parks REIT has successfully raised Rs 1,550 crore through the issue of debentures and term loans to refinance its existing debt and save interest costs. In a regulatory filing on Monday, the company said it has "raised Rs 1,550 crore through a combination of Non-Convertible Debentures (NCDs) and term-loan facilities". "The proceeds will be used to refinance certain existing debt, resulting in annual interest savings of approximately 113 basis points (bps)," it added. The fundraise comprises Rs 750 crore through NCDs, priced at a coupon of 6.97 per cent, and a Rs 800 crore term-loan from a leading bank that is priced at a floating interest rate of 7.40 per cent over a 15-year tenor. Ritwik Bhattacharjee, Chief Executive Officer of Embassy REIT, said, "This refinancing continues to support our strategy of optimally managing our balance sheet and positions us well to finance our future growth initiatives." Embassy REIT owns and operates a 51.1 million square feet portf

Embassy Office Parks REIT is trading above all available SMAs

Mahindra Lifespace Developers Ltd.

30 Jun 2025, 11:52AM

372.55

2.70%

Mahindra Lifespace buys 9-acre land parcel in Bengaluru for 199 crore

Business Standard

Realty firm Mahindra Lifespace Developers Ltd has acquired around 9 acre land in Bengaluru for nearly Rs 200 crore to develop a housing project. The company has acquired a company named Shreyas Stones Pvt Ltd (SSPL), which owns 8.79 acre land parcel in Bengaluru. In a statement on Monday, Mahindra Lifespace Developers said it has "signed a Share Purchase Agreement (SPA) with SSPL, whereby the shareholders of SSPL have agreed to sell their entire stake (100 per cent of the equity shares)." The company will acquire 10,000 equity shares, having face value of Rs 10 each, for Rs 199 crore. "This acquisition unlocks a premium development opportunity with an estimated Gross Development Value (GDV) of Rs 1,100 crore," the company said. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd said, "This acquisition marks a key milestone in strengthening our presence in North Bengaluru, one of the city's most promising real estate corridors." With this parcel adjoining

Mahindra Lifespace Developers Ltd. has lost -33.79% in the last 1 Year

Godrej Properties Ltd.

30 Jun 2025, 10:38AM

2102.90

-1.24%

Godrej Properties buys 43-acre land in Panipat, aims 1,250 cr revenue

Business Standard

Godrej Properties has acquired a 43-acre land parcel in Panipat, Haryana and is expecting a revenue of more than Rs 1,250 crore through the sale of residential plots. In a regulatory filing on Monday, Godrej Properties informed that it has "acquired 43 acres of land for a plotted development that will have a revenue potential in excess of Rs 1,250 crore." The company did not disclose the deal value. This will be the company's first project in Panipat and fourth residential plotted township in North India. The land is located in Sector 40, Panipat. This project will contain approximately 1.02 million sq ft of plotted residential development. Godrej Properties MD and CEO Gaurav Pandey said, "The project fits well with our strategy of expanding into new markets for plotted development. Haryana has been a key market for us, and we look forward to develop a quality plotted township in Panipat, that creates long-term value for its residents." Godrej Properties is one of the leading rea

Godrej Properties Ltd. has an average target of 2479.00 from 4 brokers.

Godrej Properties acquires 43 acres in Panipat for 1,250 crore township

Business Line | 30 Jun 2025, 09:59AM 1 more

Arihant Foundations & Housing Ltd.

30 Jun 2025, 08:41AM

1081.25

-5.00%

Four realty stocks to remain in focus in today's trade

Business Line

Investments, expansion plans to keep Prestige Group, Signatureglobal, Arihant Foundations, Sobha in the radar

Arihant Foundations & Housing Ltd. has gained 43.59% in the last 6 Months

Signatureglobal (India) Ltd.

29 Jun 2025

1144.60

1.35%

Signature Global to invest 2,200 cr on new housing project in Gurugram

Business Standard

Realty firm Signature Global will invest around Rs 2,200 crore to develop a new housing project in Gurugram to expand business and achieve over 20 per cent growth in its pre-sales this fiscal year. The company has recently launched a premium residential project, 'Cloverdale', comprising 770 apartments, on Southern Peripheral Road (SPR), Sector 71, Gurugram. Signature Global emerged as the fifth largest listed real estate developer last fiscal in terms of sales bookings by achieving record pre-sales of Rs 10,290 crore. The Gurugram-based company has given a guidance of posting Rs 12,500 crore worth pre-sales in the current fiscal. "We have launched a new housing project in Gurugram. Housing demand continues to be strong in this city, especially for reputed builders," Signature Global Chairman Pradeep Kumar Aggarwal told PTI. The company is selling homes in a price range of Rs 4 crore to Rs 7 crore in this project, which is spread over 8 acres and is part of an overall 22-acre...

Signatureglobal (Ind.. has an average target of 1745.00 from 3 brokers.