India's Signatureglobal hits two-year low after flagging FY26 pre-sales target miss

Signatureglobal (India)

12/01/2026 04:50

** Shares of Signatureglobal SIGT.NS fall 5% to 956.5 rupees

** SIGT trades at its lowest level in about 2 years

** Construction co says it will not be able to meet FY26 pre-sales guidance of 127 billion Indian rupees due to a softer overall market environment

** Says third-quarter pre-sales down 27% y/y

** More than 743,000 shares traded, almost 2x 30-day avg

** Five analysts have a "Strong buy" rating on avg; median PT is 1,383 rupees - data compiled by LSEG

** YTD, SIGT down 15.5% vs 2025's 17% decline

(Reporting by Urvi Dugar in Bengaluru)

((UrviManoj.Dugar@thomsonreuters.com;))