Signature Global shares were trading 2 percent lower today as overall market sentiment was bearish. Indian markets have been facing selling from FIIs since the start of this year.
Emaar India, part of Dubai-based Emaar Properties, has announced a substantial investment of Rs. 1,600 crore to develop a new luxury residential project, Urban Ascent, in Gurugram's Sector 112.
Signature Global shares will be in focus as the company announced during weekend about acquisition of 16-acre premium land in Gurugram for its next real estate project.
Motilal Oswal has reiterated a BUY rating for Signature Global, setting a target price of Rs 2,000, reflecting a 48% upside from its current market price of Rs 1,353.
ZFunds, a Gurugram-based wealthtech startup, has raised Rs 25 crore (USD 3 million) in its first institutional funding round, led by Elevation Capital and joined by PB Fintech CEO Yashish Dahiya.
Worldwide Realty, a prominent real estate firm based in Gurugram, has announced an investment of approximately Rs 320 crore for developing a 22-acre housing project in Manesar, Haryana.
