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The Godrej Properties stock is showing an uptick of 5.2 per cent in trade riding on strong sales in the March quarter, as the company plans to raise additional funds for expansion. While the company reported a strong revenue growth of 21 per cent year-on-year in the March quarter, new booking value in the quarter crossed the Rs 10 billion-mark for the fourth consecutive quarter.
New sales in FY18 more than doubled to hit Rs 50 billion - the highest annual sales so far.
However, barring the top line, operating performance was impacted by a number of one-offs. The company
