Godrej Properties shares surge 3% on Q2 biz update; Nuvama upgrades to Buy

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Godrej Properties shares surge 3% on Q2 biz update; Nuvama upgrades to Buy - Business Standard

Quick Summary:

The company also posted its highest-ever H1 booking value in H1 FY25, with a growth of over 89 per cent year-on-year to more than Rs 13,800 crore.

Godrej Properties shares have a 52-week range of Rs 3,400-1,548 on the BSE.

The upward movement followed the company's announcement that it achieved its highest-ever Q2 and H1 performance across several key operational parameters, including bookings, collections, operating cash flow, and new business development.