Shares of Signatureglobal (India) Ltd surged 4% after its wholly owned subsidiary, Signatureglobal Business Park Private Limited, executed a Sale Deed on March 20, 2025, to acquire 8.39 acres of land in Sector 37D, Gurugram, Haryana.
This newly acquired land, strategically located near Dwarka Expressway, is in one of the company’s key micro-markets. The plot has an overall developable potential of approximately 2 million sq. ft., enhancing Signatureglobal’s presence in the fast-growing Gurugram real estate sector.
Signatureglobal is a leading player in affordable and mid-income housing in Delhi-NCR, with a strong focus on Gurugram. The latest acquisition aligns with its expansion plans, tapping into the rising demand for residential and commercial spaces along Dwarka Expressway.
The company’s stock movement reflects investor optimism regarding its continued land bank expansion and project pipeline. The strategic location of this land parcel could significantly contribute to Signatureglobal’s revenue growth in the coming years.
Signatureglobal shares opened at ₹1,119.90 on Thursday, reaching a high of ₹1,172.30 and a low of ₹1,118.00. The stock remains volatile, trading significantly below its 52-week high of ₹1,647.00 but above its 52-week low of ₹1,010.80.
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