Shares of Delhi-based real estate company TARC rose up to 14 percent on Tuesday, hitting a more than two-month high after the company reported strong growth in pre-sales and collections for the June quarter.


The stock climbed as much as 14 percent to Rs 142.40 per share on the NSE during intra-day trade, its highest level in over two months.

Later, the stock pared some gains amid profit booking and was trading at Rs 132.02, up 7.27 percent.

In an operational update for the quarter ended June 30, 2026, the company said its pre-sales stood at Rs 602 crore in the first quarter of FY27, nearly three times higher than the year-ago period.

Collections rose 80 percent year-on-year to Rs 305 crore, supported by customer conversions and collection efficiency, it said.

The company said construction work across its ongoing projects is progressing, while design and planning activities for its upcoming luxury and ultra-luxury developments are also advancing.

"We have commenced FY27 on a strong note, with excellent sales momentum and collections reflecting strong demand for differentiated luxury residences," TARC Managing Director and CEO Amar Sarin said.

He said the company remains focused on project execution, customer experience and disciplined capital allocation, while advancing its next phase of luxury and ultra-luxury developments.

Headquartered in New Delhi, TARC develops luxury residential projects in Delhi and Gurugram.