India's Godrej Properties drops after Gurugram project settlement
11/09/2026 05:15
BUZZ-India's Godrej Properties drops after Gurugram project settlement ** Shares of India's Godrej Properties GODR.NS drop 5.54%to 1,766.90 rupees
** Stock on track for biggest intraday pct drop since October 4, 2024
** Co says disputes concerning its Godrej Air project in Gurugram were settled through an agreement dated August 25 after more than a month of discussions
** Co estimates financial impact of settlement at about 700 million rupees ($7.31 million)
** GODR rated "buy" on average by 22 analysts, median PT at 2,312 rupees -- data compiled by LSEG
** YTD stock down 11.86%
($1 = 95.7200 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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