Macrotech Developers Limited (NSE: LODHA)
India
· Delayed Price · Currency is INR | Market Cap | 1.40T |
| Revenue (ttm) | 124.21B |
| Net Income (ttm) | 20.67B |
| Shares Out | 996.58M |
| EPS (ttm) | 20.97 |
| PE Ratio | 66.91 |
| Forward PE | 48.36 |
| Dividend | 2.25 (0.16%) |
| Ex-Dividend Date | Aug 16, 2024 |
| Volume | 1,020,868 |
| Open | 1,439.00 |
| Previous Close | 1,440.00 |
| Day's Range | 1,391.25 - 1,442.00 |
| 52-Week Range | 922.00 - 1,649.95 |
| Beta | 0.31 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 24, 2025 |
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]
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 StatementsNews
Macrotech Developers shares jump 4%; Here’s why
Shares of Macrotech Developers (Lodha Group) saw a sharp rise of more than 4% after the Economic Times reported on Tuesday that Amazon India had acquired a prime land parcel from the real estate giant...
Macrotech Developers’ market cap rises by Rs 3,470 crore following strategic acquisition
Macrotech Developers Limited witnessed a 2.78% increase in its share price today, closing at Rs 1,288.00. The rise in share price boosted the company’s market capitalization by approximately Rs 3,470 ...
Macrotech Developers share jumps 3% after company acquires Janus Logistics for Rs 47.94 crore
Macrotech Developers’ stock surged by 3% following its announcement of acquiring a 100% stake in Janus Logistics and Industrial Parks (JLIPPL) for ₹47.94 crore. JLIPPL, focused on the development of w...
Phoenix Mills shares rise over 2% after sale of Janus Logistics for Rs 48 crore
Shares of Phoenix Mills Limited surged by 2.13% to ₹1,691.50 in Monday’s trade following the announcement of the sale of its subsidiary Janus Logistics to Macrotech Developers Limited (MDL) for a cons...
Macrotech Developers acquires 100% stake in Janus Logistics
Macrotech Developers Limited has completed the acquisition of a 100% stake in Janus Logistics and Industrial Parks Private Limited (JLIPPL) for a cash consideration of ₹47.94 crore. The acquisition al...
Macrotech Developers shares rise 3%, market cap jumps ₹4,312 crore
Shares of Macrotech Developers surged by 3.51% to reach ₹1,276 in intraday trading on the NSE today. The stock gained momentum amid a broader market rally and increased investor interest in the real e...
Macrotech Developers’ market cap surges by Rs 4,198 crore: Know More
Shares of Macrotech Developers witnessed a remarkable jump of 3.40% today, closing at Rs 1,278.25 compared to the previous close of Rs 1,236.25. This surge added approximately Rs 4,198 crore to the co...
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...
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...
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 ...
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 ...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...