Shriram Properties

Shriram Properties has signed a joint development agreement for a 9.1-acre lake-facing land parcel in Doddagubbi, North-East Bengaluru. The project offers a development potential of approximately 6.7 lakh square feet and an estimated gross development value of over ₹600 crore. The company plans to launch the premium residential complex during the current financial year, targeting homebuyers seeking a blend of urban connectivity and natural surroundings.

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** Shares of India's Shriram Properties SRIP.NS rise as much as 5.23% to 90.47 rupees, last up 3.73%

** Real estate developer says it signed a joint development agreement for a 9.1-acre residential project in Bengaluru with

** Co says estimated gross development value of project is more than 6 billion rupees ($63.45 million)

** Adds that the project strengthens co's Bengaluru development pipeline and supports asset-light expansion strategy in high-growth micro-markets

** YTD stock up 4.7%

($1 = 94.5600 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

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May 25 (Reuters) - Shriram Properties Ltd SRIP.NS:

• SHRIRAM PROPERTIES MARCH-QUARTER CONSOL NET PROFIT 785.2 MILLION RUPEES

• SHRIRAM PROPERTIES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.41 BILLION RUPEES

Further company coverage: SRIP.NS

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Feb 16 (Reuters) - Shriram Properties Ltd SRIP.NS:

• SHRIRAM PROPERTIES LTD - DEPUTY CFO RAJESH YASHWANT SHIRWATKAR RESIGNS

Source text: ID:nBSEbSm2Mq

Further company coverage: SRIP.NS

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Feb 9 (Reuters) - Shriram Properties Ltd SRIP.NS:

• SHRIRAM PROPERTIES LTD - BUYS 100% OF SHRIVISION UPSCALE SPACES

Source text: ID:nBSEbDQkry

Further company coverage: SRIP.NS

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** Shriram Properties SRIP.NS up 5.8% to 84.81 rupees

** Real estate developer acquires a ~5 acre land parcel in IT hub of Bengaluru

** Plans to develop a premium residential complex with villas, targeting launch during second half of FY26

** Project's gross development value at 2 billion rupees to 2.5 billion rupees ($23.40 million to $29.25 million)

** Stock on track for 7th session of gains

** With session's gains, SRIP trims 12-month decline to 31.2%

($1 = 85.4675 Indian rupees)

(Reporting by Ananta Agarwal in Bengaluru)

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** Shares of Shriram Properties SRIP.NS rise 2.4% to 106.64 rupees

** Co to sell wholly-owned subsidiary SPL Shelters for enterprise value of 930 mln rupees ($10.9 mln)

** SPL Shelters holds 3.9 acre land parcel in Chennai

** Stock set to gain for third straight session

** SRIP down ~13% in 2024 vs 63% gain in 2023

($1 = 85.5700 Indian rupees)

(Reporting by Vijay Malkar)

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** Shares of India's Shriram Properties SRIP.NS jump 6% to 110.3 rupees

** Realty firm signed agreement to jointly develop 6-acre land parcel in Maharashtra state's Pune city

** Project's rev potential between 7 bln rupees ($83 mln) to 7.5 bln rupees, co said

** Day's move trims YTD losses to 10%

($1 = 84.0675 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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Oct 29 (Reuters) - Shriram Properties Ltd SRIP.NS:

• SIGNS JDA FOR 6-ACRE LAND PARCEL IN PUNE

• PROJECT HAS AGGREGATE REVENUE POTENTIAL OF ABOUT 7-7.50 BILLION RUPEES

Source text: ID:nBSE8Zw3y0

Further company coverage: SRIP.NS

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** Shares of Shriram Properties SRIP.NS fall 5.6% to 100.3 rupees

** India's Enforcement Directorate (ED) officials conducted search activity in co's Bengaluru and Chennai offices, it said on Thursday

** The Property developer, in a separate disclosure, said the search process was completed without any material developments

** Day's drop takes stock's YTD losses to 18%

(Reporting by Hritam Mukherjee in Bengaluru)

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Sept 25 (Reuters) - Shriram Properties Ltd SRIP.NS:

• LAUNCHES 'CODENAME - PUDHIYA CHENNAI'

• PROJECT'S REVENUE POTENTIAL ABOUT 6 BILLION RUPEES

Source text for Eikon: ID:nBSE6Pf8NF

Further company coverage: SRIP.NS

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Aug 27 (Reuters) - Shriram Properties Ltd SRIP.NS:

• SHRIRAM PROPERTIES - GIVES EARLY EXIT TO ASK PROPERTY FUND IN SHRIRAM PRISTINE ESTATES

Further company coverage: SRIP.NS

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** Shares of real estate firm Shriram Properties SRIP.NS rise 6.3% to 134.46 rupees a piece

** Stock, which rose 14.5% on Wednesday after setting bullish profit targets, saw BNP Paribas Financial Markets adding 0.5% stake on Thursday - NSE data

** SRIP up 36.4% this week, on course for best week since its stock market debut in December 2021 - NSE data

** Stock's relative strength index has been above 70 for two sessions in a row, suggesting the stock may be overbought - LSEG data

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

** Shares of Shriram Properties SRIP.NS jump 13%, on track for their best day ever

** Stock set to rally for third straight session, gaining around 25% in the period

** The real-estate firm says it aims to triple its revenue and quadruple its profits over the next 3 years

** SRIP to increase focus on mid-market and mid-market premium residential real-estate categories

** Stock sees busiest day since early Dec. 2023

** Recent rally helps stock erase YTD loss, stock largely flat this year

(Reporitng by Nishit Navin)

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May 29 (Reuters) - Shriram Properties Ltd SRIP.NS:

• SEES FY25 SALES VOLUME AT 5.2-5.5 MSF

• SEES FY25 SALES VALUE AT 27.5 BILLION RUPEES TO 30 BILLION RUPEES

• SEES FY25 COLLECTION AT 17 BILLION RUPEES TO 18 BILLION RUPEES

Source text for Eikon: ID:nNSEblsTYB

Further company coverage: SRIP.NS

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** Shares of Shriram Properties SRIP.NS rise as much as 3.4% before trimming some gains, last up ~2% at 120.4 rupees

** The real-estate firm signed contract for development of land with aggregate revenue potential of over 2.50 bln rupees ($30 mln) in Bengaluru

** Including session's gains, stock down ~1.4% YTD

($1 = 83.2600 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of India's Shriram Properties SRIP.NS up 3%, cooling-off session high jump of 4.13%

** Co said it bought land parcel in Bengaluru, targets project launch in current fiscal

** Project has rev potential of over 2.5 bln rupees (roughly $30 million), co said

** Co set to snap five-session losing run, if trends hold

** YTD stock up ~2% after a 63% jump in 2023

($1 = 83.3809 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

** Shriram Properties' SRIP.NS shares fell as much as 2.4% before trimming some losses; last down 1.4% to 119.95 rupees

** Real estate developer says it got tax penalty order of 4.47 bln rupees ($53.6 mln)

** Stock's trading volume 0.9X its 30 day moving avg - LSEG

** Stock down ~1.7% so far this year

($1 = 83.4250 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

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April 2 (Reuters) - Shriram Properties Ltd SRIP.NS:

• SHRIRAM PROPERTIES - GETS TAX PENALTY ORDER AMOUNTING TO 4.47 BILLION RUPEES

Source text for Eikon: ID:nBSE4qQCYc

Further company coverage: SRIP.NS

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** Shares of Shriram Properties SRIP.NS rise 3.1% to 109.20 rupees

** Real estate developer says it has sold 70% of inventory in opening weekend of its Bengaluru residential project

** Co launched the project last week, stating it has a revenue potential of 3.5 bln rupees ($42.2 mln)

** Trading vol nearly 0.9x the 30-day daily avg

** Stock down 11% so far this quarter, following three consecutive qtrs of gains

($1 = 82.8898 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

** Shares of real estate developer Shriram Properties SRIP.NS up 8.7% at 104.5 rupees

** SRIP on Wednesday launched a new residential project with a revenue potential of 3.5 billion rupees ($42 million)

** Stock set to snap three straight sessions of losses if trend holds

** SRIP fell 10.9% on Wednesday amid profit booking in broader markets, shed 13.9% in previous three sessions

** Stock had gained in the last three consecutive quarters

($1 = 82.8675 Indian rupees)

(Reporting by Anisha Ajith in Bengaluru)

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Feb 14 (Reuters) - Shriram Properties Ltd SRIP.NS:

• SHRIRAM PROPERTIES DEC-QUARTER CONSOL NET PROFIT 184.8 MILLION RUPEES VERSUS PROFIT 223.6 MILLION RUPEES

• SHRIRAM PROPERTIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.21 BILLION RUPEES VERSUS 1.76 BILLION RUPEES

Source text for Eikon: ID:nBSE45m2YH

Further company coverage: SRIP.NS

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** Shares of Shriram Properties SRIP.NS fall as much as 4.1% to 122.4 rupees

** U.S. Private equity firm TPG Asia SF V Pte sold 16.76 mln shares at 113.4 rupees per share in bulk deal on Tuesday, National Stock Exchange data shows

** Sale at a discount of 11.02% to SRIP's last close

** SRIP set to snap four straight session of gains

** Stock last down 3.5%, trimming YTD gains to ~65%

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

** Shares of Shriram Properties SRIP.NS rise as much as 8.83% to 86.90 rupees, their highest since Dec 6, 2022

** South India-based real estate developer and ASK Property Fund announce a joint investment of 2.06 bln rupees in a residential project in Chennai, SRIP says in an exchange filing

** With the total saleable area of 1.9 mln square feet, the project has an aggregate revenue potential of 12 bln rupees over five years: Shriram

** Co and ASK Property Fund evaluating further opportunities to co-invest in residential projects in Bengaluru, Chennai and Hyderabad

** Trading volume at 14.92 mln shares, six times the 30-day avg - Refinitiv data

** Relative strength above 70 since Aug 22, suggesting the stock may be overbought

** Including session's gains, SRIP up 12% so far this year

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463))

Aug 14 (Reuters) - Shriram Properties Ltd SRIP.NS:

• INDIA'S SHRIRAM PROPERTIES LTD JUNE-QUARTER CONSOL NET PROFIT 166.2 MILLION RUPEES VERSUS PROFIT 88 MILLION RUPEES

• SHRIRAM PROPERTIES LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.35 BILLION RUPEES VERSUS 1.22 BILLION RUPEES

Source text for Eikon: ID:nNSEbd8CV2

Further company coverage: SRIP.NS

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** Shares of real estate developer Shriram Properties Ltd SRIP.NS rise as much as 3.13% to 65.80 rupees

** Co acquired a new project in Chennai nFWN37K0UW

** Project has a revenue potential of around 12 billion Indian rupees ($146.74 million) in next five years: SRIP

** Trading volume is 467,589 shares as of 10:58 a.m. IST, 1.6x the 30-day avg - Refinitiv data

($1 = 81.7800 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

May 23 (Reuters) - Shriram Properties Ltd SRIP.NS:

• ACQUIRES A NEW PROJECT IN CHENNAI

• PROJECT WITH REVENUE POTENTIAL OF AROUND 12 BILLION RUPEES IN NEXT 5 YEARS

Source text for Eikon: [ID:]

Further company coverage: SRIP.NS

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