Shares of Macrotech Developers (Lodha) rallied 6 per cent to Rs 1,516, hitting a new high on the BSE in Tuesday’s intra-day trade, on strong growth plans.
The stock of the real estate developer has surpassed its previous high of Rs 1,461.75, touched on November 17, 2021. In the past one month, it has zoomed 44 per cent as compared to a 2-per cent decline in the S&P BSE Sensex.
Macrotech Developers plans to nearly double its pre-sales to Rs 14,000 crore by financial year 2023-24 (FY24) and further grow to Rs 20,000 crore by FY26. Lodha intends
The stock of the real estate developer has surpassed its previous high of Rs 1,461.75, touched on November 17, 2021. In the past one month, it has zoomed 44 per cent as compared to a 2-per cent decline in the S&P BSE Sensex.
Macrotech Developers plans to nearly double its pre-sales to Rs 14,000 crore by financial year 2023-24 (FY24) and further grow to Rs 20,000 crore by FY26. Lodha intends