Brokerages See Up to 75% Upside in Signature Global Stock

12 Nov 2025 CW Team

Brokerage firms ICICI Securities, Axis Capital, and Nuvama have reiterated a ‘BUY’ rating on Signature Global (India), highlighting the company’s robust business momentum and long-term growth prospects.

ICICI Securities has set a target price of Rs 1,786, Axis Capital at Rs 1,780, and Nuvama at Rs 1,376, indicating a potential upside of up to 75 per cent from the current levels. Signature Global’s stock opened at Rs 1,029.90 on 11 November 2025.

During H1FY26, the company reported strong pre-sales of Rs 46.6 billion, revenue of Rs 12 billion, and collections of Rs 18.7 billion. Collections are expected to rise in H2FY26 as construction milestones are achieved across high-value projects in Gurugram.

ICICI Securities noted that Signature Global has delivered a 57 per cent sales CAGR during FY21–25, primarily through affordable and mid-income housing. With a launch pipeline exceeding Rs 450 billion in GDV for FY25–28E, sales bookings are projected to reach Rs 119 billion in FY26, Rs 127 billion in FY27, and Rs 139 billion in FY28.

Axis Capital expects a 74 per cent upside, supported by a strong launch pipeline of over Rs 130 billion for the second half of the fiscal year. It added that “construction of new projects is expected to pick up, driving collections and operating cash flow.”

Nuvama said, “Despite being a relatively new entrant, Signature Global has emerged as one of the largest developers in the Gurugram housing market in terms of sales bookings.” The firm also noted that Signature Global’s land acquisition costs average just 10–15 per cent of selling price, enhancing profitability.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..