These Realty stocks gained up to 34.29 per cent in one week alone!
The BSE Realty index zoomed by more than 20 per cent in one week alone and was the top sectoral index gainer.
The week gone by belonged to the realty sector stocks. The BSE Realty index zoomed by more than 20 per cent in one week alone and was the top sectoral index gainer. BSE Sensex in the past one week is up by ~2 per cent.
The realty stocks were seen outperforming as the Karnataka government announced a stamp duty cut for flats below Rs 50 lacs. Also, excellent response for some of the newly launched projects of Godrej Properties lead to positive sentiment in the real estate sector. The shares of Godrej properties were seen trading at all-time highs in the passing week. The shares of DLF were seen trading positive with a multi-year breakout as the trend of the organised real estate developers gaining market share gathers strength.
Following is the list of top performing real estate stocks that gained up to 34.29 per cent in one week alone:
|
Sr No
|
Stock
|
1 Week (%)
|
|
1
|
Godrej Properties Ltd.
|
34.29
|
|
2
|
Neo Infracon Ltd.
|
27.38
|
|
3
|
Radhe Developers (India) Ltd.
|
27.29
|
|
4
|
Patidar Buildcon Ltd.
|
27.2
|
|
5
|
Globus Power Generation Ltd.
|
27.06
|
|
6
|
Oberoi Realty Ltd.
|
25.78
|
|
7
|
Bronze Infra-Tech Ltd.
|
25.18
|
|
8
|
Marathon Nextgen Realty Ltd.
|
23.51
|
|
9
|
S&T Corporation Ltd.
|
22.87
|
|
10
|
DLF Ltd.
|
22.71
|
|
11
|
Rajeswari Infrastructure Ltd.
|
21.36
|
|
12
|
Sterling Green Woods Ltd.
|
21.07
|
|
13
|
Citadel Realty & Developers Ltd.
|
20.08
|
|
14
|
Puravankara Ltd.
|
19.71
|
|
15
|
Martin Burn Ltd.
|
15.71
|
|
16
|
AMJ Land Holdings Ltd.
|
15.23
|
|
17
|
Steel Strips Infrastructures Ltd.
|
15.18
|
|
18
|
Poddar Housing and Development
|
12.91
|
|
19
|
Sunteck Realty Ltd.
|
12.71
|
|
20
|
Lancor Holdings Ltd.
|
12.53
|
|
21
|
Veer Global Infraconstruction Ltd.
|
12.24
|
|
22
|
Brigade Enterprises Ltd.
|
12.06
|
|
23
|
Indiabulls Real Estate Ltd.
|
12.06
|