As per Attachment
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Narendra Properties sold one residential dwelling unit (flat) at its NPL Grand Melody project located at 10, Woods Road, Royapettah, Chennai on June 6, 2025. The sale value was ₹275.20 lakhs (approximately ₹2.75 crores). The company's total income as per the last audited financials (as on 31.03.2025) stood at ₹902.27 lakhs, making this single transaction equivalent to 30.50% of total income. The transaction is not a related party deal and was carried out in the ordinary course of business. The disclosure is being made under SEBI LODR Regulation 30(4)(c)(1) since the transaction value exceeds 2% of turnover.
This is a routine material transaction disclosure — a single flat sale worth nearly one-third of last year's total income signals strong per-unit realisations, which is positive for the stock. However, a single sale does not confirm sustained demand; investors should watch for more transactions and quarterly sales velocity before drawing conclusions.