Monday, October 13, 2025

Keystone Realtors shares have gained in 10 out of last 12 sessions; Q1 update strong

Date:

Shares of Keystone Realtors Ltd, part of the Mumbai-based Rustomjee Group, are in focus on Monday, July 7, after the company reported a positive business update for the first quarter.Its volume increased 159% from the previous year and 9% sequentially to 0.63 million square feet.
The company’s pre-sales increased 75% from the first quarter last year, and 25% sequentially to ₹1,068 crore.
The company’s collections of ₹575 crore in the June quarter were up 19% from the previous year and 23% in the previous quarter.The company reported its best-ever June quarter pre-sales.

It launched three projects in the first quarter of the financial year 2026, having saleable area of 0.91 million square feet and gross development value (GDV) of ₹4,000 crore.

The company has achieved 57% of its launch guidance in the first quarter.It added three projects with area of 3.25 million square feet and GDV of ₹7,725 crore.

It has also surpassed its full-year guidance on new additions in the June quarter.

Last week, the company said it was selected by eight housing societies as the developer for the large-scale cluster redevelopment project in Andheri West, Mumbai.

The project has a cumulative plot area of around 4.75 acre, encompassing the existing 548 members. The proposed redevelopment is expected to unlock a saleable area of around 10.6 lakh square feet and generate a gross development value of ₹3,000 crore, the company said.

Shares of Keystone Realtors Ltd. ended the previous session flat at ₹637 apiece. The stock has gained 16.9% in the past month.

Also Read: Jubilant Foodworks Q1 Update: Growth trajectory sustains but analyst views mixed

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Suresh Gopi offers to step down, wants Sadanandan Master to replace him in union cabinet

Union Minister Suresh Gopi on Sunday expressed his desire...

Eimco Elecon shares surge 20%, the most since April after Vijay Kedia buys stake

Shares of Eimco Elecon Ltd., the manufacturer of mining...

US-China trade tensions: In a U-trun, Trump calls Xi Jinping ‘highly respected’

In a notable shift in tone, US President Donald...

Samvardhana Motherson shares fall as BMW warns of lower profits amid China pressures

Samvardhana Motherson International Ltd shares fell nearly 2% after...