Godrej Properties Share Price News – March 2025
As of March 17, 2025, the share price of Godrej Properties Ltd. is Rs. 2,002.55, reflecting a 1.78% increase from its previous closing price of Rs. 1,967.401. The stock has experienced significant fluctuations recently, trading within a range of Rs. 2,015.00 to Rs. 1,968.002.
Recent Performance and Analyst Ratings
In the past year, Godrej Properties has seen a decline of 29.33%, and over the last five days, it has decreased by 4.64%3. The company’s trailing twelve months (TTM) price-to-earnings (P/E) ratio stands at 52.19, which is notably higher than the sector average of 18.094. Analysts have mixed views on the stock; out of 17 analysts, Godrej Plots 8 have given a strong buy rating, while 6 recommend buying, and 1 analyst suggests selling5.
Financial Highlights
For the quarter ending December 2024, Godrej Properties Plots Mumbai reported a net profit of Rs. 162.64 crore, with an impressive year-on-year growth6. The company has also significantly reduced its net debt by 49% to Rs 3,848 crore, aided by strong internal cash flow and equity fundraising efforts7.
Market Sentiment and Technical Indicators
The market sentiment around Godrej Properties remains cautious due to bearish signals observed in technical indicators such as Heikin-Ashi candles changing from green to red on daily charts8. Godrej Yamuna Expressway Additionally, there was a bearish signal indicated by the five-day exponential moving average (EMA) crossover that appeared on March 12, suggesting potential further declines in share price9.
Upcoming Expectations
Looking ahead for the week of March 17 to March 21, immediate support for Godrej Properties is identified at Rs. 1,919.25, while resistance levels are noted at Rs. 2,044.70 and major resistance at Rs. 2,120.3010. If the stock closes below the immediate support level, analysts predict a sharp breakdown could occur.
Godrej Properties Share
Overall, while there are positive signs regarding sales performance from new projects—such as achieving sales worth over Rs 1,000 crore from its Pune project—the overall market conditions and technical indicators suggest caution for investors considering entering or holding positions in Godrej Properties Shares.