Godrej Properties IPO in next 10-12 months : Adi Godrej

2009 July 29

tags: Adi-Godrej, Godrej-Industries, Godrej-property

by Prakash

Adi Godrej, Godrej Industries says that the consolidated numbers were hurt due to Godrej Properties which had a low quarter. Godrej Property should be well going ahead. Q1FY10 was a poor quarter for Godrej property. The consolidated numbers were impacted by bad numbers from Godrej Property. The company completed minimum quota of buyback shares. The buyback cost was Rs 28-29 crore. He further added that all FMCG busines did well in this quarter. Godrej Industries has completed minimum quota of buyback. It will complete Godrej Properties IPO in next 10-12 months.

The monsoon has improved dramatically, he added. He sees strong rural demand.

Comments are closed for this entry.

This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 2.5 India License

Vigilance Theme by Jestro

DISCLAIMER : Stock trading involves high risk and one can lose Substantial amount of money.The recommendations made herein Do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will Not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only.

News about Indian Stock Markets

Godrej Properties IPO in next 10-12 months : Adi Godrej

Recent Posts

Categories

Archives

Search

Authors

What I'm Doing...