Signature Global Shares Plunge 7% to 2-Year Low as FY26 Pre-Sales Target Missed

• Signature Global India shares dropped 7% to a two-year low on January 12 due to an inability to meet FY26 pre-sales targets.
• The company's pre-sales for April-December stood at ₹6,680 crore, down from ₹8,670 crore in the same period last year.
• December quarter sales bookings fell 27% year-on-year to ₹2,020 crore, with unit sales dropping from 1,518 to 408.
• Signature Global attributed the decline to softened market sentiment, making the ₹12,700 crore FY26 pre-sales guidance unachievable.
• Despite short-term setbacks, management remains optimistic, citing strong demand in micro-markets and planned project launches.

Why It Matters: Signature Global's shares plummeted as it confirmed missing its ambitious FY26 pre-sales targets due to market softening.