Godrej Properties: Profits Soar While Stock Does a Head-Scratch-Worthy Nosedive
Key Points
- Godrej Properties is set to reveal its Q4 numbers after an i...
Ever wondered what happens when your business report card shows straight A's but the market gives you detention anyway? That's exactly what's happening with India's real estate powerhouse Godrej Properties as they prepare to reveal their Q4 numbers.
From Riches to Head-Scratches
The company's Q3 performance was nothing short of spectacular, with profits skyrocketing 161% to Rs 163 crore and revenue triple-jumping to Rs 969 crore. Yet, somehow, their stock decided to play limbo, dropping 23% year-to-date and sliding 25% in the past six months. Talk about mixed signals!
Show Me The Money (...
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