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MACROTECH DEBT REDUCTION
Lodha records 179% on-year rise in Q3 net profit at Rs 570 croreReal estate developer Lodha, listed as Macrotech Developers, reported a 179% year-on-year increase in net profit to Rs 570 crore for the qu...28 Jan, 2024, 02.33 PM IST- Realty developer Lodha inks pact to acquired Pune-based Goel Ganga Ventures IndiaFollowing the conclusion of this deal, Goel Ganga Ventures India will become a wholly owned subsidiary of the Mumbai-headquartered company....04 Jan, 2024, 09.30 PM IST
- Lodha records highest quarterly pre-sales of Rs 3,530 crore in Q2, up 12% on yearThe company’s collections during the quarter rose 16% from a year ago to Rs 2,750 crore, while revenues from operations declined marginally...28 Oct, 2023, 07.59 PM IST
- Lodha to exceed FY24 acquisition guidance, Rs 12,000-cr projects added in Q1In the first quarter alone, the developer has added five new projects with potential gross development value (GDV) of Rs 12,000 crore durin...27 Jul, 2023, 11.11 PM IST
- Macrotech Developers inks pact for mixed-use project in Mumbai’s AndheriRealty developer Lodha’s listed company Macrotech Developers has entered into an agreement with Havemore Realty to develop the free-sale co...05 Jul, 2023, 11.11 PM IST
- Macrotech Developers to deliver 11,000 flats in FY'23; ramps up construction work: MD & CEO Abhishek LodhaMacrotech Developers acquires land outright and also forms joint ventures with landowners to create land banks for future development. The ...12 Feb, 2023, 10.59 AM IST
- Macrotech Developers aims to cut debt by nearly 40 pc in 2023 to around Rs 5,000 cr, says MD Abhishek Lodha"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...29 Jan, 2023, 12.21 PM IST
- Buy Macrotech Developers, target price Rs 1348: ICICI SecuritiesMacrotech Developers Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 55432.33 Crore) operating in Re...27 Jul, 2022, 11.04 AM IST
- Buy Macrotech Developers, target price Rs 1410: JM FinancialMacrotech Developers Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 54442.64 Crore) operating in Re...26 Jul, 2022, 01.00 PM IST
- Buy Macrotech Developers, target price Rs 1348: ICICI SecuritiesMacrotech Developers Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 53189.60 Crore) operating in Re...07 Jul, 2022, 10.16 AM IST
- Macrotech Dev is on the growth path: Why it is this week's stock pickThe current demand environment is helping Macrotech, that has built the roadmap for mitigating the risk of higher mortgage rates. Thanks to...02 May, 2022, 06.30 AM IST
- Faster debt reduction, strong sales bode well for Macrotech stockThe initial data of Macrotech Developers, one of Mumbai's leading real estate companies, for the December quarter has been encouraging. The...18 Jan, 2022, 06.43 AM IST
- Moody’s upgrades Macrotech Developers’ to B3 on debt reduction, sales improvement"The upgrade of MDL's ratings to B3 from Caa1 reflects an improvement in the company's credit profile as a result of debt reduction measure...02 Nov, 2021, 06.17 PM IST
- Macrotech Developers Q1 sales bookings surge 88% to Rs 957 crThe company's sales bookings and collections from customers stood at Rs 509 crore and Rs 384 crore, respectively, in the year-ago period. "...08 Jul, 2021, 11.09 AM IST
- Moody's affirms Macrotech Developers' Caa1 rating; changes outlook to positiveMacrotech, as of 31 March 2021, had around Rs 6,000 crore of debt maturities at its India operations over the next 24 months.23 Apr, 2021, 06.45 PM IST
- Macrotech Developers grey market premium dries up just ahead of IPODealers active in the unofficial market for unlisted stocks, or grey market, said the premium enjoyed by the stock has come down to Rs 2-4,...08 Apr, 2021, 09.09 AM IST
- Macrotech Developers IPO opens on April 7: All you need to knowMacrotech Developers has come out with the offer at a time when there is uncertainty in the market and listing gains for fresh issues have ...06 Apr, 2021, 01.20 PM IST
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