INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on Godrej Properties Ltd
with a target price of Rs 700
The current market price of Godrej Properties Ltd
Time period given by the analyst is Intra Day when Godrej Properties Ltd
price can reach the defined target
Manas Jaiswal recommended to keep stoploss at Rs 640
Godrej Properties Ltd., incorporated in 1985, is a largecap company with a market cap of Rs 15131.81 crore.
Godrej Properties Ltd
key Products/Revenue Segments include Income From Construction Work which contributed Rs 240.36 Crore to Sales Value (52.57 % of Total
Sales), Sale of services which contributed Rs 109.88 Crore to Sales Value (24.03 % of Total Sales), Other Operating Revenue which
contributed Rs 105.16 Crore to Sales Value (23.00 % of Total Sales) and Lease Rentals which contributed Rs 1.74 Crore to Sales Value (0.38 %
of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 393.25 Crore, down -60.55 % from last quarter Sales
of Rs 996.73 Crore and down -20.12 % from last year same quarter Sales of Rs 492.32 Crore Company has reported net profit after tax of Rs
34.19 Crore in latest quarter
Mr.Keki B Dadiseth, Mr.Mohit Malhotra, Mr.Nadir B Godrej, Mr.Pirojsha Godrej, Mr.Pranay Vakil, Mrs.Lalita D Gupte
Company has Kalyaniwalla Mistry LLP as its auditoRs As on 30-09-2018, the company has a total of 229,321,932 shares outstanding.
