TPLP soared 40% in one week, here’s why it can go higher

TPL Properties Limited’s stock price jumped sharply by 40% in just one week. This sudden rise came as the company headed into its corporate briefing, so naturally, it was worth looking at what the management announced. We went through the briefing and looked at reasons that could possibly be causing the stock price surge in TPLP.

1. Swift Containment of Mangrove Project Fire Incident

On March 29, 2025, a minor fire broke out at the Mangrove project construction site due to an underground gas pocket discovered during drilling. The stock price continued going down after this incident for well over a month.

Although this could have caused major concern, the company acted quickly:

• A government technical team, including experts from PPL, OGDCL, and PRL, was formed on April 8 to manage the situation.
• By April 15, the fire had self-extinguished, with a controlled reignition carried out to clear residual gas.
• The fire was fully extinguished by April 24, with no injuries or property damage reported.
• Experts confirmed the site is safe and free from risk, describing the incident as rare and well-managed.

This rapid and professional handling restored investor confidence and removed uncertainty about the project’s safety.

2. Strong Progress on Mangrove Project Development

The company shared encouraging updates on the Mangrove project’s ongoing development:

• Road access to the Mangrove area has been completed, improving connectivity.
• Plantation work is underway, enhancing the project’s environmental appeal.
• The sports facility, including the Legends Arena, is actively under construction, with operations expected to start by August 2025.
• Internal infrastructure bidding is complete, with evaluations in progress, paving the way for smooth construction.

3. Positive Sales Momentum at Lagoon View Tower-1

TPLP’s Lagoon View Tower-1, launched in January 2025, is seeing strong sales:

Don't miss:

• Which cars are driving the rally in auto stocks?
• Is DGKC going to Rs. 240?
• Why TPLP could go higher.

• Already, 50% of the inventory has been sold.
• Ground improvement and piling works are planned to begin soon, ensuring structural safety and construction progress.

Healthy sales figures boost the company’s cash flow outlook and underline demand for their properties.

4. Focus on Green Data Centers and Future Initiatives

TPLP management emphasized their commitment to sustainability through plans to establish green data centers. They are already in discussions with local and technical partners to advance this priority. This forward-looking approach aligns with global trends and could open new revenue streams.

⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →