Buy Signatureglobal (India), target price Rs 1705: ICICI Securities

ICICI Securities has buy call on Signatureglobal (India) with a target price of Rs 1705. The current market price of Signatureglobal (India) is Rs 1409.1.

Signatureglobal (India) Ltd., incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 19703.81 Crore) operating in Real Estate sector.

Signatureglobal (India) Ltd. key Products/Revenue Segments include Contract Revenue, Other Operating Revenue, Scrap and Traded Goods for the year ending 31-Mar-2022.



Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 301.75 Crore, up 149.04 % from last quarter Total Income of Rs 121.16 Crore and up 57.34 % from last year same quarter Total Income of Rs 191.79 Crore. Company reported net profit after tax of Rs 2.18 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 69.63 per cent stake in the company as of 31-Dec-2023, while FIIs owned 5.66 per cent, DIIs 5.63 per cent.