India's Signatureglobal hits two-year low after flagging FY26 pre-sales target miss
ReutersJan 12, 2026 4:50 AM
Shares of Signatureglobal SIGT.NS fall 5% to 956.5 rupees
SIGT trades at its lowest level in about 2 years
Construction co says it will not be able to meet FY26 pre-sales guidance of 127 billion Indian rupees due to a softer overall market environment
Says third-quarter pre-sales down 27% y/y
More than 743,000 shares traded, almost 2x 30-day avg
Five analysts have a "Strong buy" rating on avg; median PT is 1,383 rupees - data compiled by LSEG
YTD, SIGT down 15.5% vs 2025's 17% decline
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