Godrej Properties Q4 profit up 14%; revenue down 13% to ₹1,426 cr
The company’s adjusted EBITDA in the March quarter of FY24 declined by 2% at 40.99% as against 46.02% in the corresponding period of FY23.
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Godrej group stocks rise up to 9% post conglomerate's split
Out of five listed entities, Godrej Consumer, Godrej Agrovet and ASTEC were trading higher, while Godrej Properties and Godrej Industries slipped in red.
Godrej Split: Removal of cross-holdings, joint development of Vikhroli land on cards
The Godrej empire is run by two splinter families, led by cousins Adi Godrej and Jamshyd Godrej.
Godrej family splits 127-year-old conglomerate into two groups
As per the FSA, Godrej Industries Group (GIG) will be controlled by Adi Godrej, Nadir Godrej and their immediate families.
Godrej Properties shares hit 52-week high; surge 150% in one year
The Godrej Group stock jumped 3.5% to touch a fresh 52-week high of ₹2,524 today after it unveiled a plan to develop a township project in Bengaluru.
Realty stocks on the rise: Sobha rises 16%; Macrotech, Godrej rally
Nifty Realty Index surges over 6% and touches fresh all-time high of 834.45
DB Realty ropes in Rakesh Jhunjhunwala after Godrej calls off deal
The Mumbai-based realty firm will issue 10 million warrants each to Rekha Jhunjhunwala and RARE Enterprises, which is owned by Rakesh Jhunjhunwala.
SC upholds homebuyers’ status as financial creditors
The latest Supreme Court judgement upholding amendments in IBC gives far reaching powers to homebuyers. Experts say it increases the ease of doing business.
What the Godrej story means for family businesses
Corporate circles feel too much is being made of the developments around the Godrej family pact. Differences and future-proofing are natural for family businesses.
