ICICI Securities has sell call on Godrej Properties with a target price of Rs 1533

ICICI Securities has sell call on Godrej Properties with a target price of Rs 1533

Godrej Properties Ltd., incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 61506.54 Crore) operating in Real Estate sector. ICICI Securities has sell call on Godrej Properties with a target price of Rs 1533. The current market price of Godrej Properties Ltd. is Rs 2200. For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 548.31 Crore, down -9.39% from last quarter Total Income of Rs 605.11 Crore and up 35.53% from last year same quarter Total Income of Rs 404.58 Crore. Company reported net profit after tax of Rs 87.23 Crore in latest quarter. Promoters held 58.48% stake in the company as of 31-Dec-2023, while FIIs owned 29.73% and DIIs owned 4.68%.

TIS Staff

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