Markets
Results, deals and the listed real estate companies.
The EPC company's year-to-date order inflow has passed ₹22,000 crore, a measure of business secured rather than revenue earned.
Shares of the Mumbai developer fell to a record low as investors weighed higher bookings against heavy debt and thinner per-square-foot prices.
The ₹92 crore cash infusion adds to the company's balance sheet, while the promoter group's exact stake depends on which figure is used.
Bookings jumped in the September quarter, but income and profit were lower than in June, and the board's next meeting on new investments is due on 27 October.
Pre-sales growth in Mumbai and Pune is strong, but lower profit and softer housing sentiment will be watched closely.
The developer plans a further ₹10,000 crore over five to seven years, mostly in the NCR, as its FY26 sales nearly doubled.
Collections rose 31% and bookings stayed above ₹7,000 crore for a seventh quarter, but accounting changes cut reported profit sharply.
Income and comprehensive income fell sharply year on year, while a ₹500 crore IPO and a debenture conversion reduced borrowings after June.
If all warrants convert, the promoter-group investor's stake would rise to about 36%, with proceeds going to two Thane projects and general purposes.
The board meeting follows strong operating growth in the first half, with pre-sales rising 111% year on year to ₹1,602 crore.
The contract covers Phase 3 of RPS 12th Avenue in Sector 27C, but no construction schedule or handover date has been announced.
Consolidated profit fell to ₹16.34 crore in the September quarter, while residential pre-sales reached ₹1,988 crore in the first half of FY27.
The Rustomjee brand owner’s shares fell to a fresh low on 22 October, ahead of its scheduled Q2 FY27 results call.
The proposed redemption covers a listed debt series with a record date of 5 October; the payment is not yet completed.
The stock reached a fresh 52-week low despite higher sales, operating profit and net profit over the nine-month period.
The open-market programme covers up to 99 lakh shares at a maximum price of ₹171 each and is scheduled to close no later than 16 December.
Burgundyprime Realty was incorporated with an initial investment of ₹99,990, but Puravankara has not named a project or location for the new entity.
Moorthy brings more than 15 years of human resources experience across real estate and construction, with roles at Brigade Group and L&W Construction.
First-half bookings rose 47% to ₹5,862.4 crore, while revenue from operations in the September quarter fell 31.3% year on year.
Four brokerages retained positive ratings after DLF’s September-quarter bookings beat one analyst estimate, though first-half sales remain well below last year’s level.
The higher NAV-based target follows stronger-than-forecast presales, while DLF’s launch schedule remains central to its FY27 sales outlook.
The Gurugram developer recorded lower pre-sales in Q2 and H1 FY27, while quarterly collections rose from both the previous quarter and a year earlier.
The proposed sale of shares held by two SP Group companies would provide at least ₹25,000 crore for debt repayment, but Tata Sons has not approved a transaction.
The stock touched ₹264.05 on 21 October, despite the developer reporting year-on-year growth in first-quarter pre-sales and profit.
The 180-day unsecured instrument will fund working capital and mature on 19 April 2027.
The company reported ₹761.65 crore in quarterly profit, while its first NCR project accounted for most of its ₹9,149.69-crore booking value.
The upgrade follows Oberoi Realty’s Q2 FY27 results, when sales bookings rose sharply despite lower year-on-year revenue.