Nuvama Retains BUY on Signature Global with Target Price of ₹1,456
New Delhi, July 2025.Brokerage Firm Nuvama has maintained a BUY rating on Signature Global (India) Ltd., with a target price of ₹1,456. In its report, Nuvama has highlighted improvement in price realization both on a year-on-year basis and a quarter-on-quarter basis. As per Nuvama, average price realization during Q1FY26 rose 6% YoY and 37% QoQ to ₹16,296 per sq. ft., driven by a higher share of premium Gurugram projects.Strong Sales Momentum and Premium Project SuccessSignature Global continues to gain strong traction in the premium residential market. The launch of its premium housing project ‘Cloverdale SPR’ in Sector 71, Gurugram marked a major milestone in its premiumisation strategy.Strategic Land Acquisition for Future GrowthThe company’s business development eff...
