Keystone Realtors Limited has informed the Exchange about General Updates

Order above 5% of revenueBusiness Updates View source PDF Explain this filing

RUSTOMJEE · price

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Price reactionminutes from the announcement price · days from the prior close

+3.1%Reaction day

₹632.10

prior close

₹667.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+3.3% vs market

Residential Commercial Projects peers, median of 59sector-1.1%+4.2% vs sector

On the reaction day the stock moved 3.3 pts more than Nifty Microcap 250 and 4.2 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

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15m

-0.7

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.1-0.2+3.3-1.1+4.2

Next day

+1.1-0.1+1.2-1.6+2.7

+0.8+0.3+0.5-1.3+2.1

+1.2-0.2+1.3-1.3+2.5

+2.5-0.3+2.8-1.2+3.7

+4.7+0.2+4.5-0.6+5.3

+4.7+0.1+4.7-2.4+7.1

15d

-1.2+1.2-2.3-3.1+1.9

-1.1-2.2+1.1-7.2+6.1

-2.5-3.0+0.5-9.0+6.4

-4.9-2.9-2.0-9.7+4.9

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 59Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Keystone Realtors (Rustomjee Group) has been selected by 8 housing societies in Andheri West, Mumbai, for a large cluster redevelopment project. The project spans approximately 4.75 acres, covers 548 existing society members, and is expected to generate a saleable area of around 10.6 lakh square feet with a Gross Development Value (GDV) of approximately Rs. 3,000 Crores. Development Agreements have already been executed with 5 of the 8 societies, with the remaining 3 expected to sign in the coming days. Management highlighted that this addition strengthens the company's project pipeline for the current financial year and aligns with its strategy of expanding in prime suburban micro-markets.

Likely market impact

This is a significant project win that adds a sizeable Rs. 3,000 Crores to Keystone's redevelopment pipeline, reinforcing growth visibility. Positive for sentiment as it demonstrates continued order-book momentum in a prime Mumbai micro-market, though actual revenue recognition will be spread over multiple years.