India's Raymond Realty rises after Q2 pre-sales nearly doubles

Raymond Realty

05/10/2026 07:42

** Shares of India's Raymond Realty RAYO.NS rise 2.9% to 667.15 rupees
** Stock on track to snap four session of losses
** Real estate co says pre-sales nearly doubled to 9.02 billion rupees ($93.69 million) in Q2FY27; up 98% year-on-year 
** Says collections rose 67% year-on-year to 6.82 billion rupees
** RAYO says guidance of ~20% growth in pre-sales, ROCE of ~20%, EBITDA margin of 17–19% and PAT margin of 9–10% for FY27 remains on track
** Co expects growth to accelerate in next two quarters backed by new projects in Mumbai, worth over 41 billion rupees
** Stock up 29.87% YTD
     
($1 = 96.2700 Indian rupees)

 (Reporting by Anushka Rajvedi in Bengaluru)
 ((mailto: anushka.rajvedi@thomsonreuters.com))