Macrotech Developers tops Nifty500 with record single-day rally of 17%
The stock has formed long bullish candle on the daily charts which resembles Bullish Engulfing kind of pattern on the daily charts on February 27, and since then there has seen consistent uptrend, with big volumes.
Macrotech Developers surges 6% on heavy volumes; stock up 26% in 4 days
According to analysts, Macrotech Developers is expected to benefit from resilient housing demand, supply consolidation and peaking out of high interest rates.
Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Details of schedule of Analysts/Institutional Investors Conference Call is enclosed Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
The Company has allotted 3,407 equity shares of Rs.10/- each, on February 14, 2023, pursuant to the Macrotech Developers Limited - Employee Stock Option Scheme 2021 - II Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In compliance with Regulation 30 of the Regulations, kindly find the details of schedule of Analysts/Institutional Investors Conference Calls is enclosed herewith Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Copy of the transcript of the Company's Q3 FY23 earnings conference call held on January 25, 2023 is enclosed herewith.
Macrotech Developers aims to cut debt by nearly 40% in 2023: MD Lodha
Realty firm Macrotech Developers Ltd aims to cut its net debt by nearly 40 per cent to around Rs 5,000 crore by the end of this calendar year with the help of surplus cash flow from strong housing sales, a top company official said. Mumbai-based Macrotech Developers, which is one of the leading real estate firms in the country, markets its properties under the Lodha brand. In an interview with PTI, Macrotech Developers MD and CEO Abhishek Lodha sounded bullish on the long term growth potential of India's residential real estate market. Sales bookings and cash flows have been very strong so far this fiscal year, resulting in reduction in debt by Rs 753 crore in the December quarter to Rs 8,042 crore, he said. "We are hoping to reduce debt further by Rs 1,000 crore by end of this fiscal year to about Rs 7000 crore," Lodha said. The company plans to cut debt by Rs 500-800 crore every quarter. "We will hope to be close to Rs 5,000 crore of net debt sometime by end of this calendar ye Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
The audio recording of the Analysts/Investors Conference Call held on January 25, 2023, is hosted on Company's website i.e., www.lodhagroup.in Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Copies of the newspaper advertisement of the unaudited financial results for quarter and nine months ended December 31, 2022 is enclosed herewith Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Investor Presentation
We enclose herewith Investor's presentation on the Unaudited Financial Results for the quarter and nine months ended December 31, 2022.