{"id":122684,"date":"2024-04-18T16:16:58","date_gmt":"2024-04-18T10:46:58","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=122684"},"modified":"2024-04-18T16:17:02","modified_gmt":"2024-04-18T10:47:02","slug":"stock-hits-5-upper-circuit-after-pre-sales-increases-by-200-yoy","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-hits-5-upper-circuit-after-pre-sales-increases-by-200-yoy\/","title":{"rendered":"Stock hits 5% upper circuit after pre sales increases by 200% YoY"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2757813876\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of the leading real estate developer hit a 5 percent upper circuit of Rs 160.70 apiece after the company achieved its highest-ever presales growth of 200 percent YoY.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2667408576\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 4,742.20 crore, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TARC\/standalone?defaul=true\" target=\"_blank\" rel=\"noreferrer noopener\">Tarc Ltd<\/a><\/strong> were trading at Rs 160.70 per share, increasing around 5 percent as compared to the previous closing of Rs 153.05 apiece.\u00a0<\/p><p>According to the BSE Filing, Tarc Ltd has recorded its greatest presales ever, reaching an astonishing Rs 1,612 crore. This figure marks a spectacular 200% increase over the previous fiscal year, demonstrating the company&#8217;s strong market presence and consumer confidence. Furthermore, Tarc Limited recorded its greatest yearly collection to date, totaling Rs 415 crore.&nbsp;<\/p><p>Moreover, Tarc Limited achieved extraordinary sales of Rs 1,281 crore during the fourth quarter of FY23-24. The success of TARC Kailasa, a recently launched initiative in New Delhi, has led to a phenomenal rise of over 600% year on year.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2243300113\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Looking into Tarc Ltd&#8217;s financials, the revenue decreased by 90 percent, from Rs 94 crore in Q3 FY23 to Rs 9 crore in Q3 FY24. During the same period, net profit decreased by 3400 percent, from a profit of Rs 1 crore to a loss of Rs 33 crore.&nbsp;<\/p><p>The Company has announced the inauguration of its ultra-luxury high-rise residential project Tarc Kailasa in New Delhi. The company&#8217;s project includes a total development area of 1.7 million square feet distributed over a 6-acre land block, with 5 high-rise beautiful buildings. The corporation has selected Arabian Construction Corporation as its construction contractor.&nbsp;<\/p><p>The stock has delivered returns of 62.81 percent in the last six months and a multi-bagger return of 233.26 percent in a year. A shareholder&#8217;s investment of Rs. 1 lakh in the company would be worth Rs. 3.33 lakh in a year.&nbsp;<\/p><p>TARC Limited is an Indian real estate development business. The company&#8217;s primary business is the building of residential developments, hotels, branded and serviced flats, and warehouses. It is involved in the development of several asset types.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\">Disclaimer<\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-4110681312\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of the leading real estate developer hit a 5 percent upper circuit of Rs 160.70 apiece after the company achieved its highest-ever presales growth of 200 percent YoY.&nbsp; With a market capitalization of Rs 4,742.20 crore, the shares of Tarc Ltd were trading at Rs 160.70 per share, increasing around 5 percent as [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":82782,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,3153,3157,17809,14644,17810],"class_list":["post-122684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-watch","tag-tarc-latest-news","tag-tarc-ltd-share-price","tag-why-is-tarc-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock hits 5% upper circuit after pre sales increases by 200% YoY<\/title>\n<meta name=\"description\" content=\"The shares of the leading real estate developer hit a 5 percent upper circuit of 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