EMBDL
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India's Embassy Developments rises after real estate regulatory approval
** Shares of Embassy Developments Ltd EMBS.NS rise as much as 3.6% to 65.5 rupees
** Co gets approval from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for Phase I of its residential project in Alibaug
** Adds, overall project has estimated gross development value of 4 bln rupees ($44.1 mln)
** EMBS last up 0.8%, adding to YTD gains of 7.5%
($1 = 90.7600 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Embassy Developments Ltd EMBS.NS rise as much as 3.6% to 65.5 rupees
** Co gets approval from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for Phase I of its residential project in Alibaug
** Adds, overall project has estimated gross development value of 4 bln rupees ($44.1 mln)
** EMBS last up 0.8%, adding to YTD gains of 7.5%
($1 = 90.7600 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Embassy Developments Receives Rera Approval For Its First Project In Alibaug
Feb 16 (Reuters) - Embassy Developments Ltd EMBS.NS:
RECEIVES RERA APPROVAL FOR ITS FIRST PROJECT IN ALIBAUG
PROJECT GDV ESTIMATED AT 4 BILLION RUPEES
Source text: ID:nNSE4JxZp7
Further company coverage: EMBS.NS
(([email protected];;))
Feb 16 (Reuters) - Embassy Developments Ltd EMBS.NS:
RECEIVES RERA APPROVAL FOR ITS FIRST PROJECT IN ALIBAUG
PROJECT GDV ESTIMATED AT 4 BILLION RUPEES
Source text: ID:nNSE4JxZp7
Further company coverage: EMBS.NS
(([email protected];;))
India's Embassy Developments falls after quarterly loss widens
** Shares of Embassy Developments EMBS.NS slip 3.6% to 64.98 rupees
** Co posts Q3 consol net loss of 2.33 billion rupees vs loss of 211.8 million rupees a year earlier
** Revenue falls about 35% y/y
** YTD, stock up 10%
(Reporting by Brijesh Patel in Bengaluru)
(([email protected]; Ph no. +91 9590227221;))
** Shares of Embassy Developments EMBS.NS slip 3.6% to 64.98 rupees
** Co posts Q3 consol net loss of 2.33 billion rupees vs loss of 211.8 million rupees a year earlier
** Revenue falls about 35% y/y
** YTD, stock up 10%
(Reporting by Brijesh Patel in Bengaluru)
(([email protected]; Ph no. +91 9590227221;))
Embassy Developments Dec-Quarter Consol Loss 2.33 Billion Rupees
Feb 9 (Reuters) - Embassy Developments Ltd EMBS.NS:
EMBASSY DEVELOPMENTS DEC-QUARTER CONSOL LOSS 2.33 BILLION RUPEES
EMBASSY DEVELOPMENTS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.12 BILLION RUPEES
Source text: [ID:]
Further company coverage: EMBS.NS
(([email protected];;))
Feb 9 (Reuters) - Embassy Developments Ltd EMBS.NS:
EMBASSY DEVELOPMENTS DEC-QUARTER CONSOL LOSS 2.33 BILLION RUPEES
EMBASSY DEVELOPMENTS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.12 BILLION RUPEES
Source text: [ID:]
Further company coverage: EMBS.NS
(([email protected];;))
Embassy Developments Ltd Approved Raising Of 4 Billion Rupees Via NCDs
Jan 29 (Reuters) - Embassy Developments Ltd EMBS.NS:
EMBASSY DEVELOPMENTS LTD- APPROVED RAISING OF 4 BILLION RUPEES VIA NCD
Source text: ID:nNSE6WJJ3G
Further company coverage: EMBS.NS
(([email protected];))
Jan 29 (Reuters) - Embassy Developments Ltd EMBS.NS:
EMBASSY DEVELOPMENTS LTD- APPROVED RAISING OF 4 BILLION RUPEES VIA NCD
Source text: ID:nNSE6WJJ3G
Further company coverage: EMBS.NS
(([email protected];))
Embassy Developments To Consider Fund Raising Via Non-Convertible Debentures
Jan 26 (Reuters) - Embassy Developments Ltd EMBS.NS:
TO CONSIDER FUND RAISING VIA NON-CONVERTIBLE DEBENTURES
Source text: ID:nBSE19CgVW
Further company coverage: EMBS.NS
(([email protected];;))
Jan 26 (Reuters) - Embassy Developments Ltd EMBS.NS:
TO CONSIDER FUND RAISING VIA NON-CONVERTIBLE DEBENTURES
Source text: ID:nBSE19CgVW
Further company coverage: EMBS.NS
(([email protected];;))
Embassy Developments Ltd Says Co Remains Fully Operational And Financially Sound
Jan 23 (Reuters) - Embassy Developments Ltd EMBS.NS:
EMBASSY DEVELOPMENTS LTD - COMPANY REMAINS FULLY OPERATIONAL AND FINANCIALLY SOUND
Source text: ID:nBSE7L3x4y
Further company coverage: EMBS.NS
(([email protected];))
Jan 23 (Reuters) - Embassy Developments Ltd EMBS.NS:
EMBASSY DEVELOPMENTS LTD - COMPANY REMAINS FULLY OPERATIONAL AND FINANCIALLY SOUND
Source text: ID:nBSE7L3x4y
Further company coverage: EMBS.NS
(([email protected];))
Embassy Developments Ltd Records Pre-Sales Of 13.92 Billion Rupees During Q3 Fy26
Jan 9 (Reuters) - Embassy Developments Ltd EMBS.NS:
EMBASSY DEVELOPMENTS LTD - RECORDS PRE-SALES OF 13.92 BILLION RUPEES DURING Q3 FY26
Source text: ID:nBSE2Y4NRd
Further company coverage: EMBS.NS
(([email protected];))
Jan 9 (Reuters) - Embassy Developments Ltd EMBS.NS:
EMBASSY DEVELOPMENTS LTD - RECORDS PRE-SALES OF 13.92 BILLION RUPEES DURING Q3 FY26
Source text: ID:nBSE2Y4NRd
Further company coverage: EMBS.NS
(([email protected];))
India's Embassy Developments rises on tribunal staying insolvency proceedings
** Shares of Embassy Developments EMBS.NS rise 2.4% to 72.16 rupees
** India's National Company Law Tribunal (NCLT) stays insolvency petition filed by Canara Bank CNBK.NS against real estate developer
** Canara Bank had moved the NCLT against Embassy Developments, alleging it guaranteed loans to Sinnar Thermal Power, now in insolvency
** More than 5.2 million shares change hands vs 30-day avg of 4.9 million sahres
** YTD, stock down 37.6%
(Reporting by Mridula Kumar in Bengaluru)
(([email protected];))
** Shares of Embassy Developments EMBS.NS rise 2.4% to 72.16 rupees
** India's National Company Law Tribunal (NCLT) stays insolvency petition filed by Canara Bank CNBK.NS against real estate developer
** Canara Bank had moved the NCLT against Embassy Developments, alleging it guaranteed loans to Sinnar Thermal Power, now in insolvency
** More than 5.2 million shares change hands vs 30-day avg of 4.9 million sahres
** YTD, stock down 37.6%
(Reporting by Mridula Kumar in Bengaluru)
(([email protected];))
Embassy Developments Says Paradiso Project In Bengaluru Sold Out With 2.04 Billion Rupees Topline
Embassy Developments Signs Agreement With LAM Research For 25 Acres In Bengaluru
March 20 (Reuters) - Embassy Developments Ltd EMBS.NS:
EMBASSY DEVELOPMENTS LTD - SIGNS AGREEMENT WITH LAM RESEARCH FOR 25 ACRES IN BENGALURU
EMBASSY DEVELOPMENTS LTD - TRANSACTION VALUED AT 11.25 BILLION RUPEES
Source text: ID:nBSE2kq9FT
Further company coverage: EMBS.NS
(([email protected];;))
March 20 (Reuters) - Embassy Developments Ltd EMBS.NS:
EMBASSY DEVELOPMENTS LTD - SIGNS AGREEMENT WITH LAM RESEARCH FOR 25 ACRES IN BENGALURU
EMBASSY DEVELOPMENTS LTD - TRANSACTION VALUED AT 11.25 BILLION RUPEES
Source text: ID:nBSE2kq9FT
Further company coverage: EMBS.NS
(([email protected];;))
Embassy Developments Appoints Jitendra Virwani As Chairman, Aditya Virwani As MD
March 4 (Reuters) - Embassy Developments Ltd EQUN.NS:
APPOINTS JITENDRA VIRWANI AS CHAIRMAN, ADITYA VIRWANI AS MD
Source text: ID:nBSE8V05y7
Further company coverage: EQUN.NS
(([email protected];;))
March 4 (Reuters) - Embassy Developments Ltd EQUN.NS:
APPOINTS JITENDRA VIRWANI AS CHAIRMAN, ADITYA VIRWANI AS MD
Source text: ID:nBSE8V05y7
Further company coverage: EQUN.NS
(([email protected];;))
Embassy Developments Says Jitendra Mohandas Virwani Appointed As Chairman
Feb 25 (Reuters) - Embassy Developments Ltd EQUN.NS:
EMBASSY DEVELOPMENTS LTD - JITENDRA MOHANDAS VIRWANI APPOINTED AS CHAIRMAN
EMBASSY DEVELOPMENTS LTD - ADITYA VIRWANI APPOINTED AS MANAGING DIRECTOR
EMBASSY DEVELOPMENTS LTD - SACHIN SHAH APPOINTED AS CEO & EXECUTIVE DIRECTOR
EMBASSY DEVELOPMENTS LTD - RAJESH KAIMAL APPOINTED AS CFO & EXECUTIVE DIRECTOR
Source text: ID:nBSE90wPxV
Further company coverage: EQUN.NS
(([email protected];;))
Feb 25 (Reuters) - Embassy Developments Ltd EQUN.NS:
EMBASSY DEVELOPMENTS LTD - JITENDRA MOHANDAS VIRWANI APPOINTED AS CHAIRMAN
EMBASSY DEVELOPMENTS LTD - ADITYA VIRWANI APPOINTED AS MANAGING DIRECTOR
EMBASSY DEVELOPMENTS LTD - SACHIN SHAH APPOINTED AS CEO & EXECUTIVE DIRECTOR
EMBASSY DEVELOPMENTS LTD - RAJESH KAIMAL APPOINTED AS CFO & EXECUTIVE DIRECTOR
Source text: ID:nBSE90wPxV
Further company coverage: EQUN.NS
(([email protected];;))
Embassy Developments Gets 6.19 Bln Rupees Booking Value For Embassy Verde
Jan 30 (Reuters) - Embassy Developments Ltd EQUN.NS:
GETS 6.19 BILLION RUPEES BOOKING VALUE FOR EMBASSY VERDE
Source text: ID:nBSE41Vb0c
Further company coverage: EQUN.NS
(([email protected];;))
Jan 30 (Reuters) - Embassy Developments Ltd EQUN.NS:
GETS 6.19 BILLION RUPEES BOOKING VALUE FOR EMBASSY VERDE
Source text: ID:nBSE41Vb0c
Further company coverage: EQUN.NS
(([email protected];;))
Equinox India Developments Says Embassy Group Becomes New Promoter With 41.4% Stake
Jan 27 (Reuters) - Embassy Developments Ltd EQUN.NS:
EQUINOX INDIA DEVELOPMENTS - EMBASSY GROUP BECOMES NEW PROMOTER WITH 41.4% STAKE
Source text: ID:nNSEcgt0Ky
Further company coverage: EQUN.NS
(([email protected];))
Jan 27 (Reuters) - Embassy Developments Ltd EQUN.NS:
EQUINOX INDIA DEVELOPMENTS - EMBASSY GROUP BECOMES NEW PROMOTER WITH 41.4% STAKE
Source text: ID:nNSEcgt0Ky
Further company coverage: EQUN.NS
(([email protected];))
Equinox India Developments Says Equinox India And Embassy Group Merger Completed
Jan 24 (Reuters) - Equinox India Developments Ltd EQUN.NS:
EQUINOX INDIA AND EMBASSY GROUP MERGER COMPLETED
Source text: ID:nBSE1NzLyS
Further company coverage: EQUN.NS
(([email protected];;))
Jan 24 (Reuters) - Equinox India Developments Ltd EQUN.NS:
EQUINOX INDIA AND EMBASSY GROUP MERGER COMPLETED
Source text: ID:nBSE1NzLyS
Further company coverage: EQUN.NS
(([email protected];;))
Equinox India Developments Dec-Quarter Consol Net Profit 221.7 Million Rupees
Jan 10 (Reuters) - Equinox India Developments Ltd EQUN.NS:
EQUINOX INDIA DEVELOPMENTS DEC-QUARTER CONSOL NET PROFIT 221.7 MILLION RUPEES
EQUINOX INDIA DEVELOPMENTS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.77 BILLION RUPEES
Source text: ID:nBSE306MDT
Further company coverage: EQUN.NS
(([email protected];;))
Jan 10 (Reuters) - Equinox India Developments Ltd EQUN.NS:
EQUINOX INDIA DEVELOPMENTS DEC-QUARTER CONSOL NET PROFIT 221.7 MILLION RUPEES
EQUINOX INDIA DEVELOPMENTS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.77 BILLION RUPEES
Source text: ID:nBSE306MDT
Further company coverage: EQUN.NS
(([email protected];;))
Equinox India Developments Sept-Quarter Consol Net Profit 240.6 Million Rupees
Oct 23 (Reuters) - Equinox India Developments Ltd EQUN.NS:
EQUINOX INDIA DEVELOPMENTS SEPT-QUARTER CONSOL NET PROFIT 240.6 MILLION RUPEES
EQUINOX INDIA DEVELOPMENTS SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.46 BILLION RUPEES
Source text for Eikon: ID:nBSE2xfMP5
Further company coverage: EQUN.NS
(([email protected];))
Oct 23 (Reuters) - Equinox India Developments Ltd EQUN.NS:
EQUINOX INDIA DEVELOPMENTS SEPT-QUARTER CONSOL NET PROFIT 240.6 MILLION RUPEES
EQUINOX INDIA DEVELOPMENTS SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.46 BILLION RUPEES
Source text for Eikon: ID:nBSE2xfMP5
Further company coverage: EQUN.NS
(([email protected];))
Equinox India Developments To Consider Raising Of Funds
July 30 (Reuters) - Equinox India Developments Ltd EQUN.NS:
TO CONSIDER RAISING OF FUNDS
Source text for Eikon: ID:nBSEKVkHf
Further company coverage: EQUN.NS
(([email protected];))
July 30 (Reuters) - Equinox India Developments Ltd EQUN.NS:
TO CONSIDER RAISING OF FUNDS
Source text for Eikon: ID:nBSEKVkHf
Further company coverage: EQUN.NS
(([email protected];))
Equinox India Developments Says Delisting Of Gdr's Of Co From Luxembourg Stock Exchange
July 24 (Reuters) - Equinox India Developments Ltd EQUN.NS:
EQUINOX INDIA DEVELOPMENTS - DELISTING OF GDR'S OF CO FROM LUXEMBOURG STOCK EXCHANGE
Further company coverage: EQUN.NS
(([email protected];))
July 24 (Reuters) - Equinox India Developments Ltd EQUN.NS:
EQUINOX INDIA DEVELOPMENTS - DELISTING OF GDR'S OF CO FROM LUXEMBOURG STOCK EXCHANGE
Further company coverage: EQUN.NS
(([email protected];))
Indiabulls Real Estate - Acquired Embassy Residency Proposed High-Rise Residential Development Project For 1.20 Billion Rupees
Indiabulls Real Estate Ltd INRL.NS:
INDIABULLS REAL ESTATE - ACQUIRED EMBASSY RESIDENCY PROPOSED HIGH-RISE RESIDENTIAL DEVELOPMENT PROJECT FOR 1.20 BILLION RUPEES
INDIABULLS REAL ESTATE - ACQUIRED EMBASSY EAST AVENUE PROPOSED RESIDENTIAL DEVELOPMENT PROJECT FOR 1.17 BILLION RUPEES
Source text for Eikon: ID:nBSE5mfMYg
Further company coverage: INRL.NS
Indiabulls Real Estate Ltd INRL.NS:
INDIABULLS REAL ESTATE - ACQUIRED EMBASSY RESIDENCY PROPOSED HIGH-RISE RESIDENTIAL DEVELOPMENT PROJECT FOR 1.20 BILLION RUPEES
INDIABULLS REAL ESTATE - ACQUIRED EMBASSY EAST AVENUE PROPOSED RESIDENTIAL DEVELOPMENT PROJECT FOR 1.17 BILLION RUPEES
Source text for Eikon: ID:nBSE5mfMYg
Further company coverage: INRL.NS
Indiabulls Real Estate Says Unit Indiabulls Constructions Completed Acquisition Of Sky Forest Projects
April 30 (Reuters) - Indiabulls Real Estate Ltd INRL.NS:
UNIT INDIABULLS CONSTRUCTIONS HAS COMPLETED ACQUISITION OF SKY FOREST PROJECTS
ENTERPRISE VALUE OF DEAL APPROXIMATELY 6.47 BILLION RUPEES
Further company coverage: INRL.NS
(([email protected];;))
April 30 (Reuters) - Indiabulls Real Estate Ltd INRL.NS:
UNIT INDIABULLS CONSTRUCTIONS HAS COMPLETED ACQUISITION OF SKY FOREST PROJECTS
ENTERPRISE VALUE OF DEAL APPROXIMATELY 6.47 BILLION RUPEES
Further company coverage: INRL.NS
(([email protected];;))
Indiabulls Real Estate Approves Fund-Raise Worth 39.11 Bln Rupees
April 5 (Reuters) - Indiabulls Real Estate Ltd INRL.NS:
APPROVED FUND-RAISE VIA PREFERENTIAL ISSUE OF EQUITY SHARES AND CONVERTIBLE WARRANTS
APPROVED FUND-RAISE WORTH 39.11 BILLION RUPEES
APPROVED FUND-RAISE ON A PRIVATE PLACEMENT BASIS
APPROVED ACQUISITION OF EMBASSY RESIDENCY FOR AN ENTERPRISE VALUE AT 1.21 BILLION RUPEES
APPROVED ACQUISITION OF EMBASSY EAST AVENUE FOR AN ENTERPRISE VALUE AT 1.17 BILLION RUPEES
APPROVED ACQUISITION OF EMBASSY EDEN FOR AN ENTERPRISE VALUE OF 4.66 BILLION RUPEES
APPROVED ACQUISTION OF BLU ANNEX FOR AN ENTERPRISE VALUE OF 11.5 BILLION RUPEES
Source text for Eikon: ID:nBSEb9XVkt
Further company coverage: INRL.NS
(([email protected];))
April 5 (Reuters) - Indiabulls Real Estate Ltd INRL.NS:
APPROVED FUND-RAISE VIA PREFERENTIAL ISSUE OF EQUITY SHARES AND CONVERTIBLE WARRANTS
APPROVED FUND-RAISE WORTH 39.11 BILLION RUPEES
APPROVED FUND-RAISE ON A PRIVATE PLACEMENT BASIS
APPROVED ACQUISITION OF EMBASSY RESIDENCY FOR AN ENTERPRISE VALUE AT 1.21 BILLION RUPEES
APPROVED ACQUISITION OF EMBASSY EAST AVENUE FOR AN ENTERPRISE VALUE AT 1.17 BILLION RUPEES
APPROVED ACQUISITION OF EMBASSY EDEN FOR AN ENTERPRISE VALUE OF 4.66 BILLION RUPEES
APPROVED ACQUISTION OF BLU ANNEX FOR AN ENTERPRISE VALUE OF 11.5 BILLION RUPEES
Source text for Eikon: ID:nBSEb9XVkt
Further company coverage: INRL.NS
(([email protected];))
Indiabulls Real Estate To Consider And Approve Proposal For Raising Of Funds
April 2 (Reuters) - Indiabulls Real Estate Ltd INRL.NS:
INDIABULLS REAL ESTATE LTD - TO CONSIDER AND APPROVE PROPOSAL FOR RAISING OF FUNDS
Source text for Eikon: ID:nBSE5kJLyb
Further company coverage: INRL.NS
(([email protected];))
April 2 (Reuters) - Indiabulls Real Estate Ltd INRL.NS:
INDIABULLS REAL ESTATE LTD - TO CONSIDER AND APPROVE PROPOSAL FOR RAISING OF FUNDS
Source text for Eikon: ID:nBSE5kJLyb
Further company coverage: INRL.NS
(([email protected];))
Indiabulls Real Estate falls on order to vacate from SEZ project land
** Shares of Indiabulls Real Estate INRL.NS down 6% at 110.85 rupees
** Co says Maharashtra Industrial Development Corp issued order directing co, unit to vacate vacation land in processing zone of SEZ at Sinnar within one month
** Co evaluating legal options
** Stock only marginally above 50-day moving average of 106.15 rupees
** Stk up over 26% YTD after gaining 7.4% in 2023
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Shares of Indiabulls Real Estate INRL.NS down 6% at 110.85 rupees
** Co says Maharashtra Industrial Development Corp issued order directing co, unit to vacate vacation land in processing zone of SEZ at Sinnar within one month
** Co evaluating legal options
** Stock only marginally above 50-day moving average of 106.15 rupees
** Stk up over 26% YTD after gaining 7.4% in 2023
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
Indiabulls Real Estate Says MIDC Issued Vacation Order Directing Co And IIIL
March 5 (Reuters) - Indiabulls Real Estate Ltd INRL.NS:
MIDC ISSUED VACATION ORDER DIRECTING CO AND IIIL TO VACATE LAND IN NASHIK, MAHARASHTRA
CO EVALUATING LEGAL OPTIONS TO SEEK REDRESSAL AGAINST SAID ORDER
Source text for Eikon: ID:nNSE8Z3zdK
Further company coverage: INRL.NS
(([email protected];))
March 5 (Reuters) - Indiabulls Real Estate Ltd INRL.NS:
MIDC ISSUED VACATION ORDER DIRECTING CO AND IIIL TO VACATE LAND IN NASHIK, MAHARASHTRA
CO EVALUATING LEGAL OPTIONS TO SEEK REDRESSAL AGAINST SAID ORDER
Source text for Eikon: ID:nNSE8Z3zdK
Further company coverage: INRL.NS
(([email protected];))
Indiabulls Real Estate Posts Sept-Quarter Consol Net Loss
Oct 31 (Reuters) - Indiabulls Real Estate Ltd INRL.NS:
SEPT-QUARTER CONSOL NET LOSS 184.3 MILLION RUPEES VERSUS PROFIT 565.6 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 963.6 MILLION RUPEES VERSUS 1.94 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: INRL.NS
(([email protected];))
Oct 31 (Reuters) - Indiabulls Real Estate Ltd INRL.NS:
SEPT-QUARTER CONSOL NET LOSS 184.3 MILLION RUPEES VERSUS PROFIT 565.6 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 963.6 MILLION RUPEES VERSUS 1.94 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: INRL.NS
(([email protected];))
India's realty, bank stocks rise on report govt mulls housing loan interest subsidy
** India's Nifty Realty Index .NIFTYREAL and Nifty Bank Index .NSEBANK rise after Reuters report India considering housing loan interest subsidy scheme
** Nifty Realty index .NIFTYREAL and Nifty Bank index .NSEBANK closed 1.52% and 0.35% higher, respectively
** India is considering spending 600 billion rupees ($7.22 billion) to provide subsidised loans for small urban housing over the next five years, two govt sources told Reuters
** Shares of Indiabulls Real Estate INRL.NS and Sobha Ltd SOBH.NS closed 9.3% and 5.4% higher, respectively
** Shares of Punjab National Bank PNBK.NS and Kotak Mahindra Bank KTKM.NS closed 3.5% and 1.6% higher, respectively
($1 = 83.1140 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
** India's Nifty Realty Index .NIFTYREAL and Nifty Bank Index .NSEBANK rise after Reuters report India considering housing loan interest subsidy scheme
** Nifty Realty index .NIFTYREAL and Nifty Bank index .NSEBANK closed 1.52% and 0.35% higher, respectively
** India is considering spending 600 billion rupees ($7.22 billion) to provide subsidised loans for small urban housing over the next five years, two govt sources told Reuters
** Shares of Indiabulls Real Estate INRL.NS and Sobha Ltd SOBH.NS closed 9.3% and 5.4% higher, respectively
** Shares of Punjab National Bank PNBK.NS and Kotak Mahindra Bank KTKM.NS closed 3.5% and 1.6% higher, respectively
($1 = 83.1140 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
India's Bombay Dyeing hits 5-year high, lifts realty stocks on land sale
** Bombay Dyeing BDYN.NS surges 20% to 5-year high of 168.60 rupees
** Realty-to-textile company sells land parcel for $627 mln
** Nifty realty index .NIFTYREAL jumps 1.3%, with 9 out of 10 stocks higher (Bombay Dyeing not on the index)
** Indiabulls INRL.NS, Oberoi Realty OEBO.NS and Prestige PREG.NS top gainers on the index, in that order
** Likelihood of Fed rate pause also a boost, analyst says
** Bombay Dyeing last up ~16%, set for best one-day gain since June 2020, with stock set for busiest trading day since April 2022
** BDYN has now doubled in value so far this year, well above realty index's 36% jump; Nifty 50 .NSEI up ~11%
(Reporting by Savio Dsouza)
(([email protected];))
** Bombay Dyeing BDYN.NS surges 20% to 5-year high of 168.60 rupees
** Realty-to-textile company sells land parcel for $627 mln
** Nifty realty index .NIFTYREAL jumps 1.3%, with 9 out of 10 stocks higher (Bombay Dyeing not on the index)
** Indiabulls INRL.NS, Oberoi Realty OEBO.NS and Prestige PREG.NS top gainers on the index, in that order
** Likelihood of Fed rate pause also a boost, analyst says
** Bombay Dyeing last up ~16%, set for best one-day gain since June 2020, with stock set for busiest trading day since April 2022
** BDYN has now doubled in value so far this year, well above realty index's 36% jump; Nifty 50 .NSEI up ~11%
(Reporting by Savio Dsouza)
(([email protected];))
Indiabulls Real Estate rises on COO appointment
** Shares of Indiabulls Real Estate INRL.NS rises as much as 6.2% to 79 rupees, touching their highest level since Jan. 9
** Stock on track for a fourth consecutive session of gains
** Co appoints Atul Chandra as Chief Operating Officer (COO)
** More than 34 mln shares changed hands by 2:54 p.m. IST, about 2.6x 30-day avg
** As of last close, stock down 8.3% YTD
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Indiabulls Real Estate INRL.NS rises as much as 6.2% to 79 rupees, touching their highest level since Jan. 9
** Stock on track for a fourth consecutive session of gains
** Co appoints Atul Chandra as Chief Operating Officer (COO)
** More than 34 mln shares changed hands by 2:54 p.m. IST, about 2.6x 30-day avg
** As of last close, stock down 8.3% YTD
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
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What does Embassy Developments do?
Embassy Developments is primarily engaged in the business of real estate development, including the purchase, sale, construction, and management of residential, commercial, industrial, and other properties, both movable and immovable. The company also undertakes leasing, renting, property management, and acts as a real estate agent and property dealer.
Who are the competitors of Embassy Developments?
Embassy Developments major competitors are Valor Estate, Sunteck Realty, Ganesh Housing, Keystone Realtors, TARC, Hemisphere Propert., AGI Infra. Market Cap of Embassy Developments is ₹7,945 Crs. While the median market cap of its peers are ₹4,953 Crs.
Is Embassy Developments financially stable compared to its competitors?
Embassy Developments seems to be less financially stable compared to its competitors. Altman Z score of Embassy Developments is 1.43 and is ranked 7 out of its 8 competitors.
Does Embassy Developments pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Embassy Developments latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Embassy Developments allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Embassy Developments balance sheet?
Embassy Developments balance sheet is weak and might have solvency issues
Is the profitablity of Embassy Developments improving?
The profit is oscillating. The profit of Embassy Developments is -₹428.61 Crs for TTM, ₹217 Crs for Mar 2025 and -₹1,038.65 Crs for Mar 2024.
Is the debt of Embassy Developments increasing or decreasing?
The net debt of Embassy Developments is decreasing. Latest net debt of Embassy Developments is ₹3,634 Crs as of Sep-25. This is less than Mar-25 when it was ₹3,698 Crs.
Is Embassy Developments stock expensive?
Embassy Developments is not expensive. Latest PE of Embassy Developments is 0, while 3 year average PE is 31.27. Also latest EV/EBITDA of Embassy Developments is 0.0 while 3yr average is 4.33.
Has the share price of Embassy Developments grown faster than its competition?
Embassy Developments has given lower returns compared to its competitors. Embassy Developments has grown at ~-2.76% over the last 3yrs while peers have grown at a median rate of 13.29%
Is the promoter bullish about Embassy Developments?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Embassy Developments is 42.65% and last quarter promoter holding is 42.66%
Are mutual funds buying/selling Embassy Developments?
The mutual fund holding of Embassy Developments is decreasing. The current mutual fund holding in Embassy Developments is 2.83% while previous quarter holding is 3.08%.
