** Shares of Cedar Woods Properties CWP.AX rise as much as 9.6% to A$8.770, their highest level since December 3

** Stock marks its biggest intraday pct rise since October 29

** The property developer lifts its FY26 net profit after tax outlook to growth of at least 20% due to strong sales and price growth, others

** Says expected record FY26 profit will support increased dividend distributions

** Stock is up 58.9% YTD, including the session's moves

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))