Introduction:
Realty stock reported outstanding Q3 FY2025 performance, with ₹1,165 crore in presales and ₹181 crore in collections. Nine-month pre sales surged to ₹2,487 crore, reflecting 1000% YoY growth and a six-fold annual increase in collections.
Share Price movement of TARC:
On January 6, 2025, TARC Ltd opened at ₹185.70 and saw a high of ₹191.20 and a low of ₹176.86. The current price stands at ₹177.92, marking a 4.37% decrease from the previous close of ₹186.06, with a market cap of ₹5250.35 crore.
TARC Ltd Stock In Focus:
TARC Limited has delivered exceptional operational performance in Q3 FY2025, achieving presales of ₹1,165 crore with 1000% YoY growth. The company also recorded customer collections of ₹181 crore, bringing total collections for the fiscal year’s first nine months to ₹1,371 crore. Total presales for this period reached ₹2,487 crore, marking an impressive six-fold year-on-year increase.
Key projects like TARC Tripundra are progressing towards completion, while TARC Kailasa showcases a luxury experience center with notable price appreciation. TARC Ishva has achieved ₹1,500 crore in presales, and the recent Gurugram land acquisition further strengthens the company’s development portfolio and potential growth.
CEO Amar Sarin highlighted the company’s focus on luxury developments, timely deliveries, and strategic growth. With increasing demand in the luxury real estate sector and a resilient operational strategy, TARC Limited is well-positioned for sustained growth, unlocking long-term value for stakeholders and achieving greater milestones.
Recent news About TARC :
On September 12, 2024, TARC launched a new luxury residential project, TARC Ishva, in Gurugram, Haryana, expanding its portfolio in the luxury real estate market.
Stock performance of TARC for Period of 1 week, 6 months and 1 year:
TARC’s stock performance over different periods reflects varied trends. Over one week, it delivered a return of 7.72%. Over six months, the stock saw a decline of 11.7%. However, over one year, it achieved a notable return of 34.8%.
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Shareholding pattern of TARC:
All values in % | Sep-24 | Jun-24 | Mar-24 |
Promoters | 64.96 | 64.96 | 64.96 |
FII | 2.72 | 2.89 | 2.4 |
DII | 3.31 | 1.95 | 1.29 |
Retail & others | 29.01 | 30.2 | 31.35 |
About TARC:
TARC specializes in luxury real estate, focusing on premium residential and commercial developments. With strategic projects and strong market presence, the company emphasizes timely delivery, innovation, and creating long-term value for stakeholders, driving growth in the luxury property sector.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.