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Kolte Patil Developers (KPDL) reported a 22% YoY increase in pre-sales to INR 7.7 billion in 2QFY25, driven by strong performance in Life Republic and 24K projects. The company plans to launch additional projects in 2HFY25, although approval delays may affect timelines. Motilal Oswal maintains a 'BUY' rating with a target price of INR 525, reflecting a potential upside of 46%.
Kolte-Patil Developers Limited
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Kolte Patil Developers targets 525 with strong pre-sales growth in Q2
15:06 15.11.2024
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