Godrej Properties Limited

NSE: GODREJPROPRealtyLot size: 325

Godrej Properties Limited Share Price & Analysis

₹1982.00Updated 4 Sept 2026, 03:30 pm IST
LTP
₹1982.00
Open
₹2000.00
High
₹2021.70
Low
₹1971.00
Close
₹2001.50
52W High
₹2352.00
52W Low
₹1434.00
Volume
307K
Lot Size
325
Sector
Realty
Market Cap
₹60K Cr
Face Value
₹5
Large CapNIFTY 200NIFTY 500MIDCAP 100Nifty Midcap 150

Price Chart

Candle
Range

Fundamentals

P/E
36.90
Sector P/E
49.10
P/B
3.12
EPS
₹53.13
ROE
8.82%
ROCE
7.63%
D/E Ratio
0.83
Div Yield
0.50%
Book Value
₹636.00

Strengths

  • Attractively valued vs sector (P/E 36.9x vs industry 49.1x)

Concerns

    AI AnalysisGenerated daily after market close · AI-powered

    Today's Price Action

    The stock is quoted at ₹1,982 and shows virtually flat intraday movement, with the last trade registering a 0 % change from the previous close. Volume today equals the 20‑day average of 3,07,211 shares, indicating that market participation remains consistent and there is no evident surge in buying or selling pressure. This steady trading pattern suggests that the price is currently consolidating within a narrow range.

    Valuation Snapshot

    The price‑to‑earnings multiple stands at 37.8, while the broader Realty sector registers no meaningful aggregate P/E, making a direct sector comparison difficult. Return on equity is 8.82 %, which points to a modest level of profitability given the capital‑intensive nature of real‑estate development.

    Key Levels to Watch

    The current price sits roughly midway between the 52‑week low of ₹1,434 and the high of ₹2,352, implying limited upside distance to the upper band and a comfortable cushion above the lower band. Open‑interest‑derived support is observed near ₹1,950 and resistance clusters around ₹2,020 on the latest futures chain, providing reference points for short‑term price movement.

    Chart Pattern

    On the daily timeframe, a bullish hammer appeared five sessions ago, followed by a bearish engulfing eight sessions ago and a bullish engulfing nine sessions ago, indicating alternating short‑term pressure and a mixed candlestick signature.

    Data Summary

    Market capitalisation is reported as ₹0 Cr, and the price‑to‑book ratio is 0.0, signifying an accounting anomaly that may stem from recent balance‑sheet adjustments. The stock’s P/E of 37.8 contrasts with a sector‑wide P/E of zero, highlighting a valuation outlier within the Realty space.

    Peer Comparison

    CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
    DLF
    DLF Limited
    682
    ₹1.7L Cr39.23.719.56.320.04
    LODHA
    Lodha Developers Limited
    1,222
    ₹1.2L Cr29.65.2415.516.40.42
    PHOENIXLTD
    The Phoenix Mills Limited
    1,942
    ₹69K Cr53.66.3311.612.80.46
    PRESTIGE
    Prestige Estates Projects Limited
    1,587
    ₹68K Cr604.27.5310.40.92
    OBEROIRLTY
    Oberoi Realty Limited
    1,876
    ₹68K Cr25.83.814.617.30.18
    BRIGADE
    Brigade Enterprises Limited
    661
    +1.04%
    ₹23K Cr33.32.3310.510.50.84
    ANANTRAJ
    Anant Raj Limited
    613
    −0.24%
    ₹23K Cr38.93.3511.212.10.12

    Showing 7 peers in the same sector · Sorted by market cap

    Shareholding Pattern

    GODREJPROP · as of Mar 2026

    Promoters46.67%0.17pp
    FII30.54%0.31pp
    DII9.33%0.08pp
    Public13.46%0.19pp
    CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
    Promoters58.48%58.48%58.47%58.47%46.50%46.67%
    FII29.73%29.67%29.91%28.33%30.85%30.54%
    DII4.69%5.56%5.62%7.12%9.41%9.33%
    Public7.10%6.31%5.98%6.08%13.27%13.46%

    Corporate Events

    To consider and approve the financial results for the period ended Jun 30, 2026

    Results3 Aug 2026

    Dividend - Rs 10 Per Share

    Dividend27 Jul 2026

    To consider and approve the financial results for the period ended March 31, 2026, dividend and Fund Raising

    Dividend3 May 2026

    Latest News

    All news

    Godrej Properties receives new credit rating

    *Godrej Properties receives new credit rating.* The company's latest credit assessment reflects its current debt position and financial health. Such ratings may influence investor sentiment and borrowing costs. 📊 *STOCKS:* $GODREJPROP | 🏢 *SECTOR:* Realty | #LOWIMPACT #CreditRating

    NSE Filing26 Aug
    High Impact

    Godrej Properties to merge Godrej Housing Projects unit

    *Godrej Properties to merge Godrej Housing Projects unit* to streamline operations and enhance corporate efficiency. The merger is part of a broader restructuring initiative within the Godrej Group. No financial details were disclosed, but such moves typically consolidate assets and improve governance. Regulatory approvals are pending. 📊 *STOCKS:* $GODREJPROP | 🏢 *SECTOR:* Realty | #MEDIUMIMPACT #Merger

    NSE Filing4 Aug
    High Impact

    Godrej Properties announces new realty project and buyback plan

    *Godrej Properties announces new realty project and buyback plan.* The company approved a share buyback of up to **₹400 crore** at ₹800 per share. It also announced a new project launch with an estimated revenue potential of **₹2,500 crore**. The board meeting held on August 04, 2026, finalized these strategic decisions. 📊 *STOCKS:* $GODREJPROP | 🏢 *SECTOR:* Realty | #MEDIUMIMPACT #Realty

    NSE Filing4 Aug
    High Impact

    Godrej Properties reports Q1 FY27 financial results

    *Godrej Properties reports Q1 FY27 financial results.* The company has submitted its financial results for the quarter ended June 30, 2026. Results include key performance metrics and balance sheet details for the period. **Revenue**, **profit after tax**, and **order inflows** awaited in full disclosure. 📊 *STOCKS:* $GODREJPROP | 🏢 *SECTOR:* Realty | #MEDIUMIMPACT #Earnings

    NSE Filing4 Aug
    High Impact

    Godrej Properties reports Q1 FY26 financial results

    *Godrej Properties reports Q1 FY26 financial results.* The company released its consolidated financial results for the quarter ended June 30, 2026, via a newspaper publication. Key numbers include revenue of **₹2,140 crore** and net profit of **₹320 crore**, up **14%** and **11%** YoY respectively. Operational performance reflects steady execution across key projects. 📊 *STOCKS:* $GODREJPROP | 🏢 *SECTOR:* Realty | #MEDIUMIMPACT #Earnings

    NSE Filing5 Aug
    Medium Impact

    Godrej Properties announces new project launch

    *Godrej Properties announces new project launch*. Company has unveiled a new residential development project in Delhi NCR, spanning over **50 acres** with an estimated revenue potential of **₹2,000 crore**. The project marks a strategic expansion in a high-demand corridor. 📊 *STOCKS:* GODREJPROP | 🏢 *SECTOR:* Realty | #MEDIUMIMPACT #project_launch

    NSE Filing9 Jun
    Medium Impact

    Godrej Properties publishes statutory newspaper notice

    *Godrej Properties publishes statutory newspaper notice.* This is a routine regulatory disclosure as part of compliance requirements. No financial or operational impact is indicated. Such publications are standard practice for listed companies. 📊 *STOCKS:* $GODREJPROP | 🏢 *SECTOR:* Realty | #LOWIMPACT #Regulation

    NSE Filing21 Aug
    Low Impact

    Godrej Properties calls shareholder meeting for postal ballot

    *Godrej Properties calls shareholder meeting for postal ballot.* The company has issued a notice for shareholders to participate in a postal ballot on undisclosed resolutions. Specific agenda details are not mentioned in the filing. **No financial figures or major corporate actions disclosed.** 📊 *STOCKS:* $GODREJPROP | 🏢 *SECTOR:* Realty | #LOWIMPACT #ShareholderMeeting

    NSE Filing20 Aug
    Low Impact

    Godrej Properties issues press release with no financial details.

    *Godrej Properties issues press release with no financial details.* The filing dated August 04, 2026, provides no material updates on orders, earnings, or management changes. Investors await further clarification on potential developments. 📊 *STOCKS:* GODREJPROP | 🏢 *SECTOR:* Realty | #LOWIMPACT #PressRelease

    NSE Filing4 Aug
    Low Impact

    Godrej Properties shares may react to investor presentation.

    *Godrej Properties shares may react to investor presentation.* The company released an investor presentation outlining its strategic outlook and project pipeline. While no major financial updates or announcements were made, the document provides clarity on future developments and sales targets. Such filings are typically routine and informational in nature. 📊 *STOCKS:* $GODREJPROP | 🏢 *SECTOR:* Realty | #LOWIMPACT #InvestorPresentation

    NSE Filing4 Aug
    Low Impact

    Financials

    Quarterly Results

    MetricDec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
    Revenue
    ₹498 Cr
    32.7%
    ₹740 Cr
    70.1%
    ₹435 Cr
    79.5%
    ₹2.1K Cr
    119.0%
    ₹969 Cr
    11.3%
    ₹1.1K Cr
    47.9%
    ₹739 Cr
    48.2%
    ₹1.4K Cr
    Op. Profit
    ₹-197 Cr
    66.9%
    ₹-596 Cr
    120.7%
    ₹-270 Cr
    460.0%
    ₹75 Cr
    733.3%
    ₹9 Cr
    69.0%
    ₹29 Cr
    115.5%
    ₹-187 Cr
    252.0%
    ₹123 Cr
    OPM
    -40.0%
    50.0%
    -80.0%
    29.0%
    -62.0%
    1871.4%
    3.5%
    250.0%
    1.0%
    61.5%
    2.6%
    110.4%
    -25.0%
    377.8%
    9.0%
    Net Profit
    ₹194 Cr
    51.9%
    ₹403 Cr
    32.6%
    ₹598 Cr
    58.2%
    ₹378 Cr
    139.2%
    ₹158 Cr
    52.7%
    ₹334 Cr
    35.6%
    ₹519 Cr
    8.6%
    ₹478 Cr
    EPS (₹)
    6.48
    51.8%
    13.45
    32.5%
    19.92
    57.1%
    12.68
    134.8%
    5.4
    55.2%
    12.06
    35.5%
    18.7
    10.3%
    16.95

    Values in ₹ Cr · Source: Screener.in

    Annual Profit & Loss

    MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
    Revenue
    ₹5.1K Cr
    4.2%
    ₹4.9K Cr
    62.2%
    ₹3.0K Cr
    34.8%
    ₹2.3K Cr
    23.4%
    ₹1.8K Cr
    138.6%
    ₹765 Cr
    68.7%
    ₹2.4K Cr
    13.3%
    ₹2.8K Cr
    75.6%
    ₹1.6K Cr
    1.3%
    ₹1.6K Cr
    Expenses
    ₹5.6K Cr
    11.8%
    ₹5.0K Cr
    57.9%
    ₹3.2K Cr
    54.8%
    ₹2.0K Cr
    8.8%
    ₹1.9K Cr
    54.9%
    ₹1.2K Cr
    44.3%
    ₹2.2K Cr
    17.4%
    ₹2.6K Cr
    45.1%
    ₹1.8K Cr
    36.8%
    ₹1.3K Cr
    Op. Profit
    ₹-453 Cr
    512.2%
    ₹-74 Cr
    43.1%
    ₹-130 Cr
    162.8%
    ₹207 Cr
    469.6%
    ₹-56 Cr
    87.5%
    ₹-449 Cr
    272.7%
    ₹260 Cr
    46.1%
    ₹178 Cr
    182.4%
    ₹-216 Cr
    185.4%
    ₹253 Cr
    OPM
    -9.0%
    500.0%
    -1.5%
    65.1%
    -4.3%
    147.8%
    9.0%
    400.0%
    -3.0%
    94.9%
    -59.0%
    636.4%
    11.0%
    83.3%
    6.0%
    146.2%
    -13.0%
    181.3%
    16.0%
    Other Income
    ₹3.3K Cr
    59.3%
    ₹2.0K Cr
    54.1%
    ₹1.3K Cr
    68.5%
    ₹787 Cr
    3.4%
    ₹761 Cr
    34.0%
    ₹568 Cr
    20.1%
    ₹473 Cr
    12.9%
    ₹419 Cr
    16.0%
    ₹499 Cr
    232.7%
    ₹150 Cr
    Interest
    ₹137 Cr
    21.3%
    ₹174 Cr
    14.5%
    ₹152 Cr
    12.6%
    ₹174 Cr
    4.2%
    ₹167 Cr
    9.7%
    ₹185 Cr
    15.9%
    ₹220 Cr
    6.0%
    ₹234 Cr
    56.0%
    ₹150 Cr
    44.2%
    ₹104 Cr
    Depreciation
    ₹116 Cr
    56.8%
    ₹74 Cr
    64.4%
    ₹45 Cr
    87.5%
    ₹24 Cr
    14.3%
    ₹21 Cr
    5.0%
    ₹20 Cr
    4.8%
    ₹21 Cr
    50.0%
    ₹14 Cr
    12.5%
    ₹16 Cr
    14.3%
    ₹14 Cr
    PBT
    ₹2.6K Cr
    48.1%
    ₹1.7K Cr
    72.3%
    ₹1.0K Cr
    25.8%
    ₹795 Cr
    54.1%
    ₹516 Cr
    700.0%
    ₹-86 Cr
    117.4%
    ₹493 Cr
    41.7%
    ₹348 Cr
    197.4%
    ₹117 Cr
    58.8%
    ₹284 Cr
    Tax %
    28.0%
    47.4%
    19.0%
    24.0%
    25.0%
    13.6%
    22.0%
    31.3%
    32.0%
    73.6%
    121.0%
    175.0%
    44.0%
    63.0%
    27.0%
    3.8%
    26.0%
    3.7%
    27.0%
    Net Profit
    ₹1.8K Cr
    32.5%
    ₹1.4K Cr
    85.9%
    ₹747 Cr
    20.3%
    ₹621 Cr
    76.9%
    ₹351 Cr
    285.7%
    ₹-189 Cr
    169.0%
    ₹274 Cr
    8.3%
    ₹253 Cr
    190.8%
    ₹87 Cr
    58.0%
    ₹207 Cr
    EPS (₹)
    61.43
    32.2%
    46.48
    78.2%
    26.08
    26.9%
    20.55
    62.1%
    12.68
    285.9%
    -6.82
    163.6%
    10.73
    2.8%
    11.04
    175.3%
    4.01
    58.1%
    9.56
    Div Payout
    16.0%
    0.0%
    0.0%
    0.0%
    0.0%
    0.0%
    0.0%
    0.0%
    0.0%
    0.0%

    Values in ₹ Cr · Source: Screener.in

    Balance Sheet

    ItemSep 2025Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
    Liabilities
    Equity Capital
    ₹151 Cr
    0.0%
    ₹151 Cr
    8.6%
    ₹139 Cr
    0.0%
    ₹139 Cr
    0.0%
    ₹139 Cr
    0.0%
    ₹139 Cr
    10.3%
    ₹126 Cr
    9.6%
    ₹115 Cr
    6.5%
    ₹108 Cr
    0.0%
    ₹108 Cr
    Reserves
    ₹18.2K Cr
    5.8%
    ₹17.2K Cr
    74.2%
    ₹9.9K Cr
    8.0%
    ₹9.1K Cr
    6.9%
    ₹8.5K Cr
    4.3%
    ₹8.2K Cr
    74.9%
    ₹4.7K Cr
    98.7%
    ₹2.4K Cr
    113.6%
    ₹1.1K Cr
    41.9%
    ₹1.9K Cr
    Borrowings
    ₹16.3K Cr
    29.1%
    ₹12.6K Cr
    18.4%
    ₹10.7K Cr
    66.1%
    ₹6.4K Cr
    23.8%
    ₹5.2K Cr
    14.4%
    ₹4.5K Cr
    22.3%
    ₹3.7K Cr
    5.7%
    ₹3.5K Cr
    5.0%
    ₹3.7K Cr
    7.0%
    ₹4.0K Cr
    Other Liabilities
    ₹37.5K Cr
    47.2%
    ₹25.5K Cr
    69.3%
    ₹15.1K Cr
    103.3%
    ₹7.4K Cr
    88.5%
    ₹3.9K Cr
    16.2%
    ₹3.4K Cr
    113.4%
    ₹1.6K Cr
    24.7%
    ₹2.1K Cr
    37.3%
    ₹3.4K Cr
    180.5%
    ₹1.2K Cr
    Total Liabilities
    ₹72.2K Cr
    30.1%
    ₹55.5K Cr
    55.2%
    ₹35.7K Cr
    54.7%
    ₹23.1K Cr
    29.8%
    ₹17.8K Cr
    9.6%
    ₹16.2K Cr
    60.8%
    ₹10.1K Cr
    24.9%
    ₹8.1K Cr
    2.2%
    ₹8.3K Cr
    15.2%
    ₹7.2K Cr
    Assets
    Fixed Assets
    ₹1.5K Cr
    18.7%
    ₹1.3K Cr
    27.5%
    ₹997 Cr
    357.3%
    ₹218 Cr
    19.1%
    ₹183 Cr
    5.2%
    ₹174 Cr
    54.0%
    ₹113 Cr
    16.5%
    ₹97 Cr
    14.2%
    ₹113 Cr
    10.8%
    ₹102 Cr
    CWIP
    ₹87 Cr
    25.0%
    ₹116 Cr
    53.6%
    ₹250 Cr
    61.7%
    ₹653 Cr
    92.1%
    ₹340 Cr
    48.5%
    ₹229 Cr
    40.5%
    ₹163 Cr
    63.0%
    ₹100 Cr
    40.8%
    ₹71 Cr
    ₹0 Cr
    Investments
    ₹7.1K Cr
    19.7%
    ₹6.0K Cr
    88.9%
    ₹3.1K Cr
    24.3%
    ₹2.5K Cr
    48.1%
    ₹4.9K Cr
    6.9%
    ₹5.2K Cr
    46.8%
    ₹3.6K Cr
    35.4%
    ₹2.6K Cr
    81.4%
    ₹1.5K Cr
    91.3%
    ₹760 Cr
    Other Assets
    ₹63.4K Cr
    31.9%
    ₹48.1K Cr
    53.5%
    ₹31.3K Cr
    59.1%
    ₹19.7K Cr
    58.9%
    ₹12.4K Cr
    17.0%
    ₹10.6K Cr
    69.4%
    ₹6.3K Cr
    19.0%
    ₹5.3K Cr
    20.7%
    ₹6.6K Cr
    5.0%
    ₹6.3K Cr
    Total Assets
    ₹72.2K Cr
    30.1%
    ₹55.5K Cr
    55.2%
    ₹35.7K Cr
    54.7%
    ₹23.1K Cr
    29.8%
    ₹17.8K Cr
    9.6%
    ₹16.2K Cr
    60.8%
    ₹10.1K Cr
    24.9%
    ₹8.1K Cr
    2.2%
    ₹8.3K Cr
    15.2%
    ₹7.2K Cr

    Values in ₹ Cr · Source: Screener.in

    Cash Flow Statement

    ItemMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
    Operating CF
    ₹-2.2K Cr
    223.5%
    ₹-693 Cr
    75.8%
    ₹-2.9K Cr
    533.0%
    ₹-452 Cr
    32.6%
    ₹-671 Cr
    189.2%
    ₹-232 Cr
    148.5%
    ₹478 Cr
    58.6%
    ₹1.2K Cr
    304.1%
    ₹-566 Cr
    215.5%
    ₹490 Cr
    Investing CF
    ₹-4.3K Cr
    116.5%
    ₹-2.0K Cr
    177.0%
    ₹2.6K Cr
    1918.9%
    ₹127 Cr
    103.8%
    ₹-3.3K Cr
    92.7%
    ₹-1.7K Cr
    77.2%
    ₹-971 Cr
    0.2%
    ₹-973 Cr
    7050.0%
    ₹14 Cr
    92.7%
    ₹191 Cr
    Financing CF
    ₹6.7K Cr
    106.0%
    ₹3.3K Cr
    291.6%
    ₹832 Cr
    254.0%
    ₹235 Cr
    94.5%
    ₹4.3K Cr
    115.8%
    ₹2.0K Cr
    103.5%
    ₹970 Cr
    296.8%
    ₹-493 Cr
    247.2%
    ₹335 Cr
    160.5%
    ₹-554 Cr
    Net Cash Flow
    ₹194 Cr
    67.2%
    ₹591 Cr
    10.3%
    ₹536 Cr
    695.6%
    ₹-90 Cr
    133.2%
    ₹271 Cr
    1131.8%
    ₹22 Cr
    95.4%
    ₹476 Cr
    253.1%
    ₹-311 Cr
    43.3%
    ₹-217 Cr
    272.2%
    ₹126 Cr
    Free Cash Flow
    ₹-2.5K Cr
    76.8%
    ₹-1.4K Cr
    56.2%
    ₹-3.2K Cr
    434.0%
    ₹-592 Cr
    25.7%
    ₹-797 Cr
    170.2%
    ₹-295 Cr
    173.0%
    ₹404 Cr
    59.8%
    ₹1.0K Cr
    274.8%
    ₹-575 Cr
    223.4%
    ₹466 Cr

    Values in ₹ Cr · Source: Screener.in

    Key Ratios History

    MetricMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
    Debtor Days
    32d
    13.5%
    37d
    36.2%
    58d
    52.6%
    38d
    66.7%
    114d
    75.4%
    65d
    209.5%
    21d
    41.7%
    36d
    32.1%
    53d
    76.7%
    30d
    Inventory Days
    495d
    90.9%
    5457d
    Days Payable
    56d
    87.7%
    457d
    Cash Conv. Cycle
    32d
    13.5%
    37d
    36.2%
    58d
    52.6%
    38d
    66.7%
    114d
    75.4%
    65d
    85.9%
    461d
    90.8%
    5035d
    9400.0%
    53d
    76.7%
    30d
    Working Capital Days
    612d
    1.7%
    602d
    12.9%
    533d
    12.0%
    476d
    47.8%
    912d
    2950.0%
    -32d
    75.0%
    -128d
    49.0%
    -251d
    195.8%
    262d
    41.6%
    185d
    ROCE
    7.0%
    16.7%
    6.0%
    0.0%
    6.0%
    20.0%
    5.0%
    400.0%
    1.0%
    88.9%
    9.0%
    10.0%
    10.0%
    900.0%
    1.0%
    85.7%
    7.0%
    40.0%
    5.0%

    Source: Screener.in · Lower days = better efficiency

    About Godrej Properties Limited

    Godrej Properties Limited (GPL) is the real estate development arm of the Godrej Group, which was started in 1897 and is today one of India’s most successful conglomerates. Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate industry. [1]

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    Frequently Asked Questions

    What is Godrej Properties Limited share price today?
    Godrej Properties Limited (GODREJPROP) is currently trading at ₹1,982 on NSE, as of the last market session. Prices update daily after market close on MarketNetra.
    Is Godrej Properties Limited available in F&O (Futures & Options)?
    Yes, Godrej Properties Limited (GODREJPROP) is part of the NSE F&O segment with a lot size of 325 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
    What is Godrej Properties Limited 52-week high and low?
    Godrej Properties Limited's 52-week high is ₹2,352 and the 52-week low is ₹1,434. The current price of ₹1,982 is 15.7% below the 52W high.
    What is Godrej Properties Limited P/E ratio?
    Godrej Properties Limited's current P/E ratio is 36.9. This indicates the market is paying ₹36.9 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
    How to trade Godrej Properties Limited options?
    Godrej Properties Limited options are traded on NSE with monthly expiry contracts (lot size: 325 shares). To trade GODREJPROP options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.