Realty Stocks News
Nifty Realty soars over 3% to record biggest one-day gain in 6 months
Nifty Realty index gained 3.17%—its biggest single-day increase in the last six months. Nine out of the ten constituents of the index closed in the positive, with Raymond leading the way, surging nearly 16%.
2 min read22 Nov 2024Pricier homes, regulatory delays are stumbling blocks for realty sales
On average, residential property prices across the top seven cities rose by 23% annually in Q3 2024. And a recent channel check by Antique Stock Broking showed that developers are facing approval delays from multiple agencies in several markets.
3 min read9 Oct 2024September Rally: Nifty 50, Sensex gain over 2.3% amid robust FPI inflows; metal stocks sizzle
The Nifty 50 wrapped up September with a gain of 2.3%, while the Sensex also surged 2.35%. Metal stocks emerged as the top performers in September, with the Nifty Metal index surging 8.43%, marking its second-largest monthly gain of the year.
4 min read30 Sep 2024Signature Global: Up 293% from IPO price in less than a year, brokerages see more upside in the stock – here’s why
Signature Global: The stock has also jumped over 65 percent in 2024 YTD. It is currently just 7.5 percent away from its record high of ₹1,569.95, hit on July 9, 2024.
4 min read13 Aug 2024Budget 2024: Nifty Realty tanks after removal of indexation benefits; DLF top loser
Budget 2024’s removal of indexation benefits for property sales caused real estate stocks to drop, with Nifty Realty constituents like DLF, Sunteck Realty, and Godrej Properties falling 4-5%. The sector’s reaction highlights worries about higher tax liabilities and impact on investment returns.
2 min read23 Jul 2024Sobha: After over 250% jump in the stock in a year, Geojit recommends ‘sell’; here’s why
Geojit initiates coverage on Sobha with a ’sell’ call, citing concerns over lower margins, distressed portfolios, and delayed revenue recognition. The stock price has surged over 250% in the last year.
3 min read9 Jul 2024Multibagger Stock: TARC rallied 545% in 3 years, over 250% in last 12 months; should you buy?
Real estate stock Tarc has shown impressive long-term and recent growth, with a surge of 545% in 3 years. Ambit Capital predicts further upside, citing Tarc’s strategic advantages and growth potential, including prime land holdings and a focus on luxury housing development in the NCR region.
4 min read8 Jul 2024Oberoi Realty shares jump 7% to record high on strong Q4 results
Shares of Oberoi Realty jumped 7 percent to their record high of ₹1,629.15 apiece in intra-day deals on Wednesday, May 15, after the real estate developer posted robust earnings for the quarter ended March 2024 (Q4FY24).
2 min read15 May 2024Puravankara: After 235% gain in last 1 year, Yes Securities sees another 86% upside in this realty stock – 5 reasons why
Yes Securities has initiated a ‘buy’ call on Puravankara with a target price of ₹452, indicating an upside of over 86 percent from its current market price of ₹242.60.
5 min read8 Apr 2024Stock Analysis: Amid real estate market boom, Sunteck Realty underperforms, down 4% this year; should you still buy?
Amid the overall surge in the real estate market, Sunteck Realty has emerged as the worst-performing stock in the sector, both over the past year and in the year-to-date (YTD) period of 2024.
6 min read2 Apr 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared