Signature Global shares fall 6% as firm says won't be able to meet pre-sales guidance; realty index falls over 1%
Business
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Moneycontrol12-01-2026, 10:24

Signature Global Shares Plunge 6% to Two-Year Low on Missed Pre-Sales Guidance

  • Signature Global shares dropped 6% on January 12, hitting a two-year low.
  • The real estate firm announced it would not meet its FY26 pre-sales guidance of Rs 12,700 crore.
  • Company projected zero year-on-year pre-sales growth due to a softened market environment.
  • Sales bookings declined 27% YoY to Rs 2,020 crore in Q3FY26, down from Rs 2,770 crore in Q3FY25.
  • Units sold fell to 408 in Q3FY26 from 1,518 in the year-ago period, with area sales down to 1.44 million sq ft.

Why It Matters: Signature Global's stock plummeted after failing to meet pre-sales guidance amid a soft market.

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