₹1159.25
0.60%
Low
Day's Volatility:4.08%
High
3.48%
62.04%
Low
52 Weeks Volatility:72.28%
High
10.24%
Returns % | |
1 Month Return | 7.2 % |
3 Month Return | 2.63 % |
1 Year Return | 145.73 % |
Market Stats | |
Previous Close | ₹1,194.35 |
Open | ₹1,193.90 |
Volume | 4.90L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹1,15,282.34Cr |
based on 16 analysts
Based on 16 analysts offering long term price targets for Macrotech Developers Ltd. An average target of ₹1116
Source: S&P Global Market Intelligence
Organisation | Macrotech Developers Ltd |
Headquarters | Mumbai |
Industry | Construction |
E-voting on shares | Click here to vote |
Key events for Macrotech Developers Ltd
Macrotech Developers reported strong sales growth, achieving a 20% increase in sales bookings for FY24 and adding new projects worth ₹20,300 crore. The company also successfully reduced its net debt to ₹3,010 crore. Additionally, insiders own a significant amount of shares and the company's earnings per share are soaring.
Macrotech Developers Achieves Strong Sales Bookings in Q4FY24 - 08 Apr, 2024
Macrotech Developers achieved strong Q4FY24 sales bookings of INR 42.3bn and is targeting a 20% sales booking CAGR over FY24-26E. ICICI Securities has revised its TP to INR 1,109 based on 50% premium to FY24E NAV of INR 739/share.
Macrotech Developers Reduces Net Debt, Raises Funds Through QIP - 07 Apr, 2024
Macrotech Developers successfully reduced its net debt by 55% to Rs 3,010 crore through internal accruals and equity fundraising. The company's qualified institutional placement (QIP) was oversubscribed nearly three times, raising Rs 3,300 crore from a diverse set of investors. Additionally, the company registered a 20% growth in sales bookings to a record Rs 14,520 crore in FY24.
Macrotech Developers Reports Strong Sales Growth - 05 Apr, 2024
Macrotech Developers records its best ever quarterly pre-sales performance with sales bookings of Rs 4,230 crore in Q4 FY24, a growth of 40% YoY. The company's net debt has reduced to Rs 3,010 crore at the end of Q4 FY24 from Rs 7,070 crore at the end of Q4 FY23.
Macrotech Acquires Stake in Siddhivinayak Realties, Raises Funds Through NCDs - 29 Mar, 2024
Macrotech Developers acquires a 50% stake in Siddhivinayak Realties for Rs 250 crore and raises Rs 125 crore through the issue of non-convertible debentures. The acquisition will be done through a wholly-owned subsidiary and is expected to be completed within a week.
Macrotech Developers to Raise Funds and Acquire Stake in Siddhivinayak Realties - 28 Mar, 2024
Macrotech Developers is set to raise Rs 125 crore through the issuance of non-convertible debentures and has acquired a 50% stake in Siddhivinayak Realties Pvt Ltd. The company's executive committee approved the allotment of 12,500 debentures of Rs 1 lakh each.
Macrotech Developers Ltd falls 2.73% amid broader market decline - 26 Mar, 2024
Macrotech Developers Ltd lost 2.73% to trade at Rs 1126.8, underperforming the S&P BSE Realty Index which is down 0.5%. The stock has added 1.58% over last one month compared to a 5.28% fall in the index and a 0.71% drop in the benchmark SENSEX.
Jefferies Lists Macrotech Developers as One of 11 Stocks Expected to Deliver Strong Returns - 24 Mar, 2024
Global brokerage firm Jefferies has listed Macrotech Developers as one of 11 stocks expected to deliver strong CAGR returns of 15% to 25% over the next five years. The company is likely to experience a strong housing cycle, with pre-sales growth possibly reaching 17.5% CAGR. Macrotech Developers has delivered positive returns in the last six months and nearly 181.3% multibagger returns in the last year.
Jefferies Predicts Multi-Bagger Returns for Macrotech Developers - 19 Mar, 2024
Global investment banking firm Jefferies predicts that the shares of real estate firm Macrotech Developers are likely to give triple returns in the next five years, with a stock price target of Rs 3,000 by FY2029. The company's total township landbank of 600 million square feet and expansion into new areas could lead to pre-sales growing at a CAGR of 15% – 20%. Macrotech Developers has already given multi-bagger returns to its investors from last year.
Macrotech Developers Among Top Gainers After Jefferies Maintains Buy Rating - 18 Mar, 2024
Brokerage firm Jefferies has maintained its buy recommendation on Macrotech Developers and set a price target of Rs 3,000 by FY2029. The company is expected to benefit from the ongoing housing upcycle and has a large township landbank in Mumbai suburbs. Additionally, strong housing cycle will drive 17.5% CAGR pre-sales growth.
Fundamentals of Macrotech Developers Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Revenue Rich
Revenue is up for the last 3 quarters, 1.67K Cr → 2.95K Cr (in ₹), with an average increase of 22.7% per quarter
Best in 1 Year
In the last 1 year, LODHA has outperformed top 5 stocks with highest market-cap in Real Estate Rental, Development & Operations
Profit Spike
Netprofit is up for the last 3 quarters, 178.4 Cr → 503.3 Cr (in ₹), with an average increase of 35.8% per quarter
FII Holding Up
Foreign Institutions have increased holdings from 21.09% to 23.26% in Mar 2024 quarter
MF Holding Down
Mutual Funds have decreased holdings from 0.63% to 0.57% in Mar 2024 quarter
Retail Holding Down
Retail Investor have decreased holdings from 0.78% to 0.76% in Mar 2024 quarter
Promoter Holding Down
Promoters have decreased holdings from 74.92% to 72.67% in Mar 2024 quarter
Price Dip
In the last 7 days, LODHA stock has moved down by -5.5%
Macrotech Developers Ltd in the last 5 years
Lowest (27.05x)
October 25, 2021
Industry (-89.90x)
April 16, 2024
Today (68.66x)
April 16, 2024
Highest (350.92x)
June 15, 2021
Funds | Holdings |
Nippon India ELSS Tax Saver Fund Direct Plan - Growth Option | 1.59% |
Invesco India Contra Fund Direct Plan Growth | 0.52% |
HDFC Large and Mid Cap Fund Direct Growth | 0.2% |
Baroda BNP Paribas Focused Direct Growth | 5.77% |
HDFC Housing Opportunities Fund Direct Growth | 1.51% |
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 72.67% | 0.00 | |
Foreign Institutions | 23.25% | 0.00 | |
Mutual Funds | 0.57% | 0.00 | |
Retail Investors | 0.76% | 0.00 | |
Others | 2.75% | 0.00 |
Technicals of Macrotech Developers Ltd share
News & Events of Macrotech Developers Ltd
Macrotech Developers Ltd (LODHA) share price today is ₹1159.25
Macrotech Developers Ltd is listed on NSE
Macrotech Developers Ltd is listed on BSE
PE Ratio of Macrotech Developers Ltd is 68.66
PE ratio = Macrotech Developers Ltd Market price per share / Macrotech Developers Ltd Earnings per share
Today’s traded volume of Macrotech Developers Ltd(LODHA) is 4.90L.
Today’s market capitalisation of Macrotech Developers Ltd(LODHA) is ₹115282.34Cr.
Macrotech Developers Ltd(LODHA | Price |
---|---|
52 Week High | ₹1277.9 |
52 Week Low | ₹440.05 |
Macrotech Developers Ltd(LODHA) share price is ₹1159.25. It is down -9.28% from its 52 Week High price of ₹1277.9
Macrotech Developers Ltd(LODHA) share price is ₹1159.25. It is up 163.44% from its 52 Week Low price of ₹440.05
Macrotech Developers Ltd(LODHA | Returns |
---|---|
1 Day Returns | -35.1% |
1 Month Returns | 7.2% |
3 Month Returns | 2.63% |
1 Year Returns | 145.73% |