Shares of Godrej Properties Limited were trading higher on Friday, gaining 1.68 per cent to ₹1,723.90 as of 12.49 pm, after the company reported its strongest-ever annual performance across bookings, collections, and operating cash flow for FY2026.
The stock opened at ₹1,738 and touched an intraday high of ₹1,751.10 before paring some gains, against a previous close of ₹1,695.50. Traded volume stood at 15.81 lakh shares, with a traded value of ₹274 crore. Sell-side orders continued to outweigh buy orders, with 57.26 per cent of pending quantity on the sell side versus 42.74 per cent on the buy side, suggesting some profit-booking pressure mid-session.
The stock’s move follows GPL reporting FY2026 booking value of ₹34,171 crore, up 16 per cent year-on-year and the highest ever by any Indian listed real estate developer. Collections rose 17 per cent to ₹19,965 crore, while operating cash flow grew 5 per cent to ₹7,830 crore. The company also added projects with a future booking value potential of ₹42,100 crore, more than double its stated guidance.
Despite today’s uptick, the stock remains under pressure over a longer horizon. It is down roughly 14.5 per cent year-to-date and 12.68 per cent over the past year, significantly underperforming the Nifty Midcap 50, which has gained over 17 per cent in the same period. The 52-week high stands at ₹2,506.50, hit in June 2025, while the 52-week low of ₹1,434 was recorded just last week on April 2.
The company’s total market capitalisation stood at approximately ₹51,898 crore at current prices. The stock trades at a trailing P/E of 30.56.