The company’s target is to reduce debt to below Rs 6,000 crore by the end of this fiscal year, said CEO Abhishek Lodha.

Macrotech Developers Shares Hit Record High On Plans To Trim Debt

Macrotech Developers, which markets its properties under Lodha brand, has a presence in Mumbai Metropolitan Region (MMR), Pune and Bengaluru markets.

Macrotech Developers Aims To Trim Net Debt To Below Rs 6,000 Crore By March: MD & CEO Abhishek Lodha

Macrotech Developers added these land parcels through outright purchases and joint ventures with landlords.

Macrotech Developers Adds Seven Land Parcels In H1 To Build Housing Projects Worth Rs 14,300 Crore

TVS Motors’ Q2 profit after tax at Rs 5.4 billion came in line with our estimates.

TVS Motors, Marico, Macrotech Developers, SRF, Oberoi Realty, Mahindra Lifespaces Q2 Review: HDFC Securities

Total income declined marginally to Rs 1,755.1 crore in the July-September period of the 2023-24 fiscal from Rs 1,761.2 crore in the corresponding period of the previous year

Macrotech Developers posts Rs 202.8 crore profit in Q2

The Mumbai-based property developer saw its revenue from operation edge marginally lower in Q2

Macrotech Developers Q2 Results: Net Profit Rises 13% QoQ, Misses Estimate

Nifty declines for 2nd week; Hits 3-month low. Nifty down 2.5% this week; UPL, Adani Enterprises lead losses. Nifty Midcap index hits 2-month low this week; Laurus Labs, Macrotech Developers drag most. Nifty Metal index hits 3-month low this week; Top loser dragged by Hindustan Copper, Welspun Corporation. Nifty Bank index hits 6-month low this week; Bandhan Bank, Federal Bank lead losses. Nifty FMCG index hits 4-month low this week; United Spirits, Colgate Palmolive drag most. Nifty IT index hits 2 month low this week; LTI Mindtree, Tech Mahindra lead losses
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Nifty Declines For 2nd Week; Hits 3-Month Low, Bandhan Bank, Federal Bank Lead Losses |Closing Trade

The three apartments, purchased from Macrotech Developers Ltd, are located at Lodha Malabar, Walkeshwar Road, and Malabar Hill in Mumbai

3 Luxury Flats Worth 263 Crore: Param Capital’s Asha Mukul Agrawal Buys Apartments In Mumbai - News18

These apartments are located in Lodha Malabar in Mumbai’s Malabar Hill, and have been bought from Macrotech Developers

Param Capital’s Asha Mukul Agrawal buys 3 luxury flats in Mumbai for Rs 263 crore

Jefferies has recommended a ‘buy’ on the company’s stock with the target price set at Rs 860 per share.

Macrotech Developers gains on high-volume trade, Jefferies recommends ‘buy’

Realty firm Macrotech Developers Ltd has acquired five land parcels in Mumbai region and Bengaluru during April-June quarter to develop housing projects with a revenue potential of Rs 12,000 crore. Macrotech Developers MD and CEO Abhishek Lodha said the company has added new projects worth Rs 12,000…

Macrotech Developers eyes Rs 12k-cr sales revenue from 5 land parcels in MMR, Bengaluru

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Macrotech Developers is engaged in developing real estate across the residential and commercial sectors in the Mumbai, Pune and London.