ICICI Securities has maintained a Buy rating on the company with a target price of INR 1,786, while Axis Capital and Nuvama have set their target prices at INR 1,780 and INR 1,376, respectively, indicating a potential upside of up to 75% in the stock price.

Signature Global’s stock opened at Rs. 1029.90 per share on November 11, 2025, in early trading hours.

During H1FY26, the company recorded strong pre-sales of INR 46.6 billion and reported revenue of INR 12.0 billion, with collections standing at INR 18.7 billion. The company expects collections to rise significantly in H2FY26 as key construction milestones are achieved in its high-value projects located in Gurugram.

Brokerage Firm Recommendations

ICICI Securities has maintained its BUY rating and has updated the target price to Rs 1,786, suggesting the stock could increase by 75%.

The brokerage firm noted that Signature Global has delivered 57% sales booking CAGR over FY21–25, largely through affordable/ mid-income housing projects.

ICICI Securities projects that, backed by Signature Global’s robust launch pipeline with a cumulative gross development value (GDV) exceeding INR 450 billion for FY25–28E, the company’s sales bookings are expected to reach INR 119 billion in FY26, INR 127 billion in FY27, and INR 139 billion in FY28.

Axis Securities expects a 74% upside in the company’s stock price and believes that Signature Global is well-positioned to achieve this target, driven by a strong launch pipeline of over INR 130 billion planned for the second half of the fiscal year.

“We expect construction of new projects to pick up sequentially from here on, which, with healthy bookings at new launches, will drive collections and OCF,” Axis Capital said in its report.

Nuvama has also maintained its BUY rating with a target price of Rs. 1,376 per share.

“Despite being a relatively new entrant, Signature Global has emerged as one of the largest developers in the Gurugram housing market in terms of sales bookings over the past few years,” Nuvama said in its report.

“One of the biggest factors in SGIL’s success is the fact that the company has been able to acquire land at very attractive prices. On average, land/approval-related costs for the company are 10–15% of the selling price,” the report added.

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Signature Global (India) Ltd. is one of the largest real estate development companies in the NCR/Delhi regions in the affordable and mid-income segments. The company has now shifted its focus to mid and premium housing and has been successful in doing so, said Axis Securities in its report.

Signature Global’s stock closed at ₹1,229.75 per share on June 2, 2025. The stock is drawing attention from investors amid growing optimism about the company’s prospects.

Strong Performance During FY25

Pre-sales for FY25 stood at ₹10,290 crore, surpassing the company’s guidance of ₹10,000 crore and showing a strong 42% year-on-year growth. During the year, Signature Global launched projects with an approximate Gross Development Value (GDV) of ₹13,800 crore and added around 8 million sq. ft. of new projects.

The average ticket price of Signature Global’s offerings rose to approximately ₹2.5 crore, and the company’s shift to premium housing has driven healthy sales momentum, said Axis Securities.

Revenue from operations rose to ₹2,500 crore, an impressive 102% increase from the previous year. The company also reported a strong profit, with PAT rising to ₹101 crore, a huge 531% jump from ₹16 crore in FY24, showing the strength of its business and performance.

Upcoming Launches

In FY26, the company plans to launch projects worth ₹17,000 crore, which is about 23% growth. Around ₹10,000 to ₹11,000 crore of this will be launched in the first half of the year. Signature Global also plans to launch Phase 2 of the Titanium project in Sector 71 and Deluxe-DXP in Sector 37D.

To maintain its launch momentum, the company spent ₹1,060 crore on business development and acquired around 8 million sq. ft. of land with a Gross Development Value (GDV) of ₹12,500 crore.

Moving forward, Signature Global will continue to focus on its key micro-markets — Southern Peripheral Road, Dwarka Expressway, and the Sohna Corridor.

Outlook & Guidance

“The company continues to focus on the mid-income premium housing along with a low-cost land bank strategy to consolidate its market share. Signature’s successful transition to premium housing has sustained its sales momentum and strong operating cash flow (OCF), the report mentioned.

Signature Global’s focus on key micro-markets has worked well, supported by strong price growth in Gurugram. Given the city’s growth and the company’s increasing market share, Axis Securities stays positive about the stock’s future.

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PUNE: Spinny, the full-stack used car buying and selling platform in India, today announced the launch of Spinny Park, a one-of-its-kind experiential hub, at Post Wakad near Hinjewadi village, Pune. The park concept enhances the car-buying experience for customers in the city, through its handpicked car collection and expansive, state-of-the-art space.

The new Park is spread across a total area spanning 3 acres. It can board a huge assortment of cars, including over 500 Spinny Assured cars and Spinny Max pre-owned luxury cars, with an open space to explore, choose and test drive the cars.

Spinny in Pune has been catering home deliveries and doorstep inspections to nearby cities including Solapur, Aurangabad, and Ratnagiri to name a few. Since February 2020, the start of operations in Pune, Spinny has facilitated over 25,000 car buying and selling transactions accounting for over 10% of Pune’s used car market share.

Spinny also launched its flagship & India’s largest experiential hub in Bengaluru last year.

Speaking on the announcement, Niraj Singh, Founder, and CEO, of Spinny, commented, “Pune is an important and thriving market for us, and we are excited to elevate our customers’ experience in the city. As pioneers in providing a simple and delightful buying and selling experience in the used-car industry, we understand the need for a car for individuals and families, and what it means for them. Launching our second Spinny Park in the country speaks volumes about our commitment to offering a seamless consumer experience. Spinny Park in Pune features an assortment of over 500+ handpicked cars. The sizable experiential hub is set amidst a scenic view, for customers to relax and test drive their favorite car.”

Spinny operates more than 57 car hubs across the country with a total parking capacity of over 12,000 cars. In Pune, Spinny was already operating 4 car hubs with a total parking capacity of over 800 cars at any given point. With the addition of Spinny Park Pune, the total capacity in the city will reach over 1300 cars.

At Spinny Park in Pune, PV Sindhu mentioned – “The more I have been associated with Spinny, the more I am witnessing the way Spinny is delivering with core values of trust, transparency, and experience. Spinny mirrors my grit and resilience on court and off-court and there’s no shortcut to doing things the hard way and the right way. As we say, go far for that extra mile, work that extra day. Go beyond the usual boundaries. Make things happen, and things will happen.”

Every Spinny Assured car on the Spinny platform comes with a 200-point inspection checklist, a 5-day no-questions-asked money-back guarantee, and a 1-year after-sales warranty, which resonates with the brand’s promise of delivering complete transparency, convenience, trust, and quality. Over the last couple of years, Spinny has had a cumulative customer base of over two lakhs, and almost 54% of car purchases are done online from Spinny’s online platform.

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