- Godrej Properties‘ net income in the third quarter reached 1.63 billion rupees, a significant increase from 622.7 million rupees the previous year.
- The net income fell short of the estimated 3.17 billion rupees.
- Revenue for the period was 9.69 billion rupees, up from 3.3 billion rupees year-over-year, yet still below the estimated 10.57 billion rupees.
- Total costs rose to 10 billion rupees compared to 4.3 billion rupees in the previous year’s equivalent quarter.
- Other income experienced a 23% year-over-year increase, amounting to 2.71 billion rupees.
- Shares of Godrej Properties increased by 3.6% to 2,404 rupees, with 1.08 million shares traded.
- The market consensus currently includes 16 buy ratings, 1 hold, and 3 sell recommendations for the company’s shares.
A look at Godrej Properties Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Godrej Properties, Ltd. is a real estate development company that has received varying scores across different factors affecting its long-term outlook. While the company got a high score of 5 for growth, indicating strong potential for expanding its operations and increasing revenue, it scored lower in other areas. With a score of 3 for momentum, there seems to be moderate positive movement in the company’s stock price.
However, the company scored only 1 for dividends and 2 for value and resilience, suggesting that it may not be as attractive in terms of providing regular dividends and may have some room for improvement in terms of its overall value proposition and ability to withstand market fluctuations. Investors may want to consider these scores carefully when evaluating Godrej Properties‘ long-term prospects.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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