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

Business
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Moneycontrol•12-01-2026, 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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