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Neutral impactStocks

Sri Lotus shares rally 29% in a month. Can luxury and redevelopment sustain the momentum?

Economic Times 2 hrs ago·2 Oct 2026, 3:13 am

Sri Lotus Developers & Realty has seen a remarkable 29% increase in shares, significantly outpacing the wider market. This boost is attributed to the anticipation surrounding their luxury initiatives and redevelopment projects, which promise robust pre-sales and profit margins. With 22 projects planned, the anticipated gross development value ranges from ₹17,500 to ₹18,000 crore. Furthermore, collections have surged year-over-year, suggesting a bright growth trajectory for the current fiscal yea