India's Godrej Properties rises on strong home sales at new project

Godrej Properties

25/08/2025 09:58

** Shares of Godrej Properties GODR.NS rise 1.6% to 2,086 rupees

** Co sells homes worth 10 billion rupees ($114.14 million) at the launch of project Godrej Regal Pavilion in Hyderabad in south India

** Project is co's second launch in Hyderabad this year

** CEO Gaurav Pandey says sales show strong growth potential in Hyderabad

** Stock rated "buy" on avg; median PT at 2,697.50 rupees - data compiled by LSEG

** YTD, GODR up 25%

($1 = 87.6100 Indian rupees)

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))