 "Lodha, Oberoi, Wadhwa clock record home sales")
Shares of Macrotech Developers (Lodha Developers) have saored 14 per cent to Rs 1,459.25 on the BSE in Tuesday’s intra-day trade after the real-estate developer announced the opening of its qualified institutional placement (QIP) issue to raise Rs 4,000 crore on Monday.
With today’s rally, the market price of Macrotech Developers has zoomed 200 per cent against its issue price of Rs 486 per share. The stock had hit a 52-week low of Rs 421 on debut day, i.e. April 19, 2021.
The floor price of the QIP issue is Rs 1,184.70 per equity share, Macrotech Developers said
With today’s rally, the market price of Macrotech Developers has zoomed 200 per cent against its issue price of Rs 486 per share. The stock had hit a 52-week low of Rs 421 on debut day, i.e. April 19, 2021.
The floor price of the QIP issue is Rs 1,184.70 per equity share, Macrotech Developers said
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