Shares of were trading higher on Friday afternoon after the Mumbai-based developer reported its strongest-ever annual operational performance, with investors reacting positively to numbers that beat the company’s own guidance.
On the NSE, the stock was quoting at ₹124.98 around 1 pm, up ₹3.75 or 3.09 per cent from its previous close of ₹121.23. The stock opened at ₹123.04, hit an intraday high of ₹128 and a low of ₹121.51. Traded volume stood at 7.59 lakh shares with a turnover of ₹9.57 crore. Buy orders accounted for 51.83 per cent of activity against 48.17 per cent on the sell side, reflecting a modestly bullish tilt. Market capitalisation stood at ₹2,459.55 crore at the time of writing.
The company disclosed operational numbers for Q4 and the full financial year ended March 31, 2026. Pre-sales for FY26 came in at ₹1,701 crore, a 57 per cent jump year-on-year, while collections hit an all-time high of ₹1,103 crore, up 71 per cent y-o-y. Sales area stood at 6,60,246 sq ft, up 11 per cent y-o-y.
The company attributed much of the growth to four new project launches during the year — Manhattan 2, 33Fifteen, Solis, and Vann — which together carry an estimated gross development value of ₹3,088 crore. New launches contributed 82 per cent of total pre-sales.
Despite today’s gains, the stock remains deeply in the red on a longer-horizon basis. It is down 34.88 per cent year-to-date and off 22.16 per cent over the past year, well underperforming the Nifty 50. Its 52-week high was ₹221.40, hit in November 2025, while its 52-week low of ₹98.03 was recorded just last month on March 30. The stock trades at a P/E of 19.43 with an annualised volatility of 56.74 per cent.