Godrej Properties 600% returns by Real Estate Giant

 

Godrej Properties rise from Rs.240 Per share to Rs.1861 per share

In this article, we will discuss about the company that has generated a lot of wealth for investors in the last 19 years despite the COVID-19 situation and ongoing geopolitical tensions. The company is India Infrastructure Company and the name of the company is Godrej Properties.

About Company:-

·       Cupid was founded in Year 1990 by Mr. Adi Godrej and is part of well renowned Godrej Group.

·       Company is Indian Leading real estate company and company is now focusing in Luxury and Ultra Luxury projects which are in high demand.

·       The company reported revenue of Rs. 5034 crore and net profit of Rs. 67 crore for Q2 of FY 2023-24.

Company Returns:-

This stock has given very good returns to its investors. The company has given an excellent return of 672% in its last 13 years. On 8th January 2010, the stock was trading at Rs. 240 per share and now on 17.11.2023 the stock is trading at Rs. 1862 per share. Now if you had invested Rs. 1 lakh in the stock at that time, then its price as on today's date would be Rs 6.72 Lakhs.

The stock prices mentioned include all stock splits and bonuses issued by the company.

Dividend paid by the company:-

The returns mentioned are without considering dividends. Now let us see how much this company has distributed in the last few years:-

Announcement Date	Ex-Date	Dividend Type	Dividend (%)	Dividend (Rs)
30-04-2015	27-07-2015	Final	40	2
02-05-2014	28-07-2014	Final	40	2
09-05-2013	02-07-2013	Final	40	4
07-05-2012	19-07-2012	Final	30	3
07-05-2011	14-07-2011	Final	45	4.5
17-05-2010	08-07-2010	Final	40	4
			Total	19.5

Return against dividend:-

The company has paid a dividend of Rs 19.50 per share since 2010. Now if you have bought Rs. 1 lakh share of Godrej Properties at a price of Rs. 240 per share. As of today, you are holding 416 shares and in against those shares you have already obtained dividend income of Rs. 8125. Company isn’t paying dividend since Year 2015 but market conditions has been improved considerably in past 1-2 years and expected to boost earnings of the company. Company is aggressively launching new projects.