Macrotech Developers Limited (NSE: LODHA)

India flag India · Delayed Price · Currency is INR
1,244.85
+12.15 (0.99%)
Nov 22, 2024, 3:29 PM IST
44.46%
Market Cap 1.24T
Revenue (ttm) 124.21B
Net Income (ttm) 20.67B
Shares Out 996.54M
EPS (ttm) 20.97
PE Ratio 59.37
Forward PE 42.90
Dividend 2.25 (0.18%)
Ex-Dividend Date Aug 16, 2024
Volume 1,824,524
Open 1,175.00
Previous Close 1,232.70
Day's Range 1,163.05 - 1,284.50
52-Week Range 844.25 - 1,649.95
Beta 0.31
Analysts n/a
Price Target n/a
Earnings Date Oct 30, 2024

About Macrotech Developers

Macrotech Developers Limited, through its subsidiaries, engages in the development of real estate properties in India. The company is involved in the construction and development of residential, office, and retail properties, as well as leasing of retail and office spaces. It also develops warehousing, logistics, and light industrial facilities. The company is involved in facility management, asset management, marketing and sales, and support service activities. It develops properties under the LODHA, LODHA LUXURY, and PALAVA brand names. The c... [Read more]

Sector Real Estate
Founded 1980
Employees 4,560
Stock Exchange National Stock Exchange of India
Ticker Symbol LODHA
Full Company Profile

Financial Performance

In 2023, Macrotech Developers's revenue was 103.16 billion, an increase of 8.93% compared to the previous year's 94.70 billion. Earnings were 15.49 billion, an increase of 218.29%.

Financial Statements

News

Macrotech Developers (LODHA): Stock closes 25.92% below 52-week high, 45.64% above 52-week low

Macrotech Developers (NSE: LODHA) ended trading on November 17, 2024, at ₹1,222.15, reflecting an increase of 1.67%. The stock remains 25.92% below its 52-week high of ₹1,649.95 and 45.64% above its 5...

5 days ago - Business Upturn

Macrotech Developers’ market cap declines Rs 3,505 crore as stock falls 2.84%

Shares of Macrotech Developers Limited experienced a decline, closing at ₹1,205.75, representing a 2.84% drop from the previous close of ₹1,240.95. This decrease led to a reduction of approximately ₹3...

9 days ago - Business Upturn

Macrotech Developers stock’s market cap gains Rs 5,201 crore as stock surges 4.4%

Shares of Macrotech Developers Ltd. saw a significant rise in market value on November 12, 2024, as the stock surged by 4.4%, gaining ₹52.20 to trade at ₹1,239.70. This increase boosted the company’s ...

10 days ago - Business Upturn

Macrotech Developers shares surge over 7% – Check details

Macrotech Developers saw a significant rise of over 7% as of 9:57 am, trading at ₹1,278.65 on NSE. The Nifty Realty index emerged as the leading sector, gaining over 1% in the morning session, driven ...

10 days ago - Business Upturn

Macrotech Developers’ market cap falls ₹2,900 crore as shares decline 2%

Shares of Macrotech Developers Ltd. (NSE: LODHA) fell 2.37% today, closing at ₹1,188.45 per share, down from the previous close of ₹1,217.30. This drop contributed to a significant decline in the comp...

14 days ago - Business Upturn

Lodha acquires stakes in digital infrastructure to boost annuity income

Macrotech Developers (Lodha) has made a strategic acquisition to strengthen its annuity income by expanding into digital infrastructure. Lodha has acquired a 30% stake in Bellissimo Digital Infrastruc...

15 days ago - Business Upturn

Macrotech Developers (Lodha) Q2 Results: Revenue surges 50% YoY to Rs 2,625 crore, profit more than doubles

Macrotech Developers Limited has announced its financial results for the second quarter ending September 30, 2024, reporting significant year-on-year growth in revenue and profits.

4 weeks ago - Business Upturn

Stocks To Buy This Diwali: JM Financial recommends buy on Macrotech Developers, sees 23% upside to ₹1,480

JM Financial has issued a ‘Buy’ rating for Macrotech Developers (Lodha) with a target price of ₹1,480, suggesting a 23% upside in the next 6-12 months. Macrotech, one of India’s largest real estate de...

4 weeks ago - Business Upturn

JMFS Research Diwali Stock Picks for 2024: Key Stocks to Watch

As part of the Diwali 2024 stock picks, JMFS Research has provided in-depth analysis of various stocks, including Reliance Industries, Power Grid Corporation, Bajaj Finance, ICICI Lombard, Jindal Stee...

5 weeks ago - Business Upturn

Macrotech Developers’ (LODHA) market cap rises by ₹3,086.94 crore as shares surge 2.58%

Macrotech Developers Ltd. (LODHA) saw a notable boost in its market cap today, rising by ₹3,086.94 crore. This increase came as the company’s share price climbed 2.58% to ₹1,200.00 during today’s trad...

5 weeks ago - Business Upturn

Godrej Properties, Macrotech Developers sell properties worth over Rs 22,000 crore in April-September

Godrej Properties and Macrotech Developers together sold Rs 22,120 crore worth of properties from April to September 2024, driven by strong demand for premium housing. Godrej's sales grew by 89%, whil...

6 weeks ago - The Times of India

Lodha (Macrotech Developers) loses ₹6,005 crore in market cap today as stock drops 4.64%

Macrotech Developers Ltd (Lodha) saw a significant drop in its market capitalization today. As of 3:30 PM, the stock was trading at ₹1,240, down ₹60.40 or 4.64% from the previous close. This decline r...

7 weeks ago - Business Upturn

Macrotech Developers (Lodha) stock drops over 5%

Macrotech Developers Ltd, commonly known as Lodha, witnessed a significant decline in its stock price today. As of 2:39 PM, the stock was trading at ₹1,231.30, down ₹69.10 or 5.31% from the previous c...

7 weeks ago - Business Upturn

Amazon India to acquire land from Lodha for generative AI data centre

Amazon India is close to finalising a deal to purchase 40-45 acres of land in Palava, near Mumbai, from Macrotech Developers (Lodha) for approximately ₹500-600 crore. The land will be used to establis...

2 months ago - Business Upturn

Stock Market today: NTPC Green files for IPO, Power Grid wins Rajasthan bid, Allcargo reports growth; markets react to Fed rate cut

Indian markets witnessed a flurry of corporate developments today, with key announcements across sectors ranging from green energy to logistics, real estate, and retail. Notably, NTPC Green Energy fil...

2 months ago - Business Upturn

Macrotech Developers shares surge over 4% today as Nomura initiates Buy call

Macrotech Developers shares jumped more than 4% in morning trade after brokerage house Nomura initiated a Buy call. Nomura has initiated coverage of Macrotech Developers, with a “buy” rating and a tar...

2 months ago - Business Upturn

Nomura initiates Buy call on Macrotech Developers, expects 29.2% upside in the stock price

Nomura has initiated coverage on Macrotech Developers with a “buy” rating and a target price of Rs 1,600. The firm highlighted the company’s solid earnings visibility supported by well-structured capi...

2 months ago - Business Upturn