Awfis Space Solutions surged nearly 8% today, closing at ₹269.45 on the BSE, making it one of the top gainers in the ‘A’ group. This comes on the back of strong quarterly results and a bullish brokerage outlook projecting a 52% upside.
📊 Latest Awfis Updates (11 September 2026)
Stock Market Performance
Price Movement (BSE): ₹269.45 (+7.82%)
Ranking: 2nd biggest gainer in the BSE ‘A’ group today.
Trading Volume: 24,891 shares vs. 21,460 average daily volume.
Brokerage Outlook
Nirmal Bang Target Price: ₹386 (implying 52% upside).
Reasoning: Strong demand from large corporates and Global Capability Centres (GCCs).
Premium Strategy: Focus on “Grade A” and “Elite” workspaces, now 15% of portfolio.
Occupancy: Overall 76%, mature centers at 83%; target 88–89%.
📈 Financial Highlights
Q1 FY27 (June 2026)
Revenue: ₹425 crore (+27% YoY).
Net Profit: ₹24 crore (+140% YoY).
EBITDA: ₹162 crore (+28% YoY).
Network Expansion: 251 centers, ~1.7 lakh seats across 18 cities.