Macrotech Developers Limited

Equities

LODHA

INE670K01029

Real Estate Development & Operations

Market Closed - NSE India S.E. Other stock markets 05:13:54 01/07/2024 pm IST			5-day change	1st Jan Change
1,522 ^INR	+1.20%		-4.59%	+48.65%

29/06	Macrotech Developers Limited Proposes Final Dividend for the Year Ended March 31, 2024, Payable on or After August 26, 2024	CI
04/06	Certain Equity Shares of Macrotech Developers Limited are subject to a Lock-Up Agreement Ending on 4-JUN-2024.	CI

Macrotech Developers Limited Proposes Final Dividend for the Year Ended March 31, 2024, Payable on or After August 26, 2024

June 29, 2024 at 03:55 pm IST

Macrotech Developers Limited proposed final dividend of INR 2.25 per equity share for the financial year ended March 31, 2024 at its AGM to be held on August 23, 2024. Record Date for the payment of Dividend is August 16, 2024. Dividend Payment is On or after August 26, 2024.

Latest news about Macrotech Developers Limited

Macrotech Developers Limited Proposes Final Dividend for the Year Ended March 31, 2024, Payable on or After August 26, 2024	29/06	CI
Certain Equity Shares of Macrotech Developers Limited are subject to a Lock-Up Agreement Ending on 4-JUN-2024.	04/06	CI
Macrotech Developers Acquires Remaining 50% Stake in Siddhivinayak Realties	27/05	MT
Macrotech Developers Limited completed the acquisition to acquire 50% stake in Siddhivinayak Realties Private Limited from Oberoi Constructions Limited.	24/05	CI
Macrotech Developers Limited Announces Early Redemption of 40,500 Reset Rate, Secured, Rated, Listed, Redeemable, Non- Convertible Bond	20/05	CI
Macrotech Developers Plans to Invest Up To INR40 Billion in FY25 in New Projects	15/05	MT
Jefferies Adjusts Macrotech Developers' Price Target to INR1,500 From INR1,380, Keeps at Buy	26/04	MT
Transcript : Macrotech Developers Limited, Q4 2024 Earnings Call, Apr 25, 2024	25/04
Macrotech Developers Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024	24/04	CI
Capacit'e Infraprojects Bags Orders Worth INR5.5 Billion	18/04	MT
89,463,666 Equity Shares of Macrotech Developers Limited are subject to a Lock-Up Agreement Ending on 18-APR-2024.	18/04	CI
ICRA Raises Rating on Macrotech Developers' Debt Financing to AA-; Revises Outlook to Stable	05/04	MT
Macrotech Developers Logs 40% Jump in Fiscal Q4 Presales	05/04	MT
Macrotech Developers Limited Reports Pre-Sales Results for the Fourth Quarter and Fiscal 2024	05/04	CI
Macrotech Developers Raises INR1.25 Billion Via Bond Sale	29/03	MT
Macrotech Developers to Pick Up 50% Stake in Siddhivinayak Realties For INR2.5 Billion	29/03	MT
Macrotech Developers Limited entered into an agreement to acquire 50% stake in Siddhivinayak Realties Private Limited from Oberoi Constructions Limited for INR 2.5 billion.	28/03	CI
Jefferies Adjusts Macrotech Developers’ Price Target to INR1,380 From HK$1,290, Keeps at Buy	27/03	MT
Macrotech Developers Raises INR33 Billion Via Qualified Institutional Placement	08/03	MT
Macrotech Developers Sees Growth in Fiscal Q3 Consolidated Net Profit	29/01	MT
Transcript : Macrotech Developers Limited, Q3 2024 Earnings Call, Jan 29, 2024	29/01
Macrotech Developers Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	27/01	CI
India's PNB Housing Finance posts Q3 profit rise on lower expenses	24/01	RE
INDIA STOCKS-IT, auto rebound lifts Indian shares	05/01	RE
Macrotech Developers Logs 12% Jump in Fiscal Q3	05/01	MT

Chart Macrotech Developers Limited

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Company Profile

Macrotech Developers Limited is engaged in the business of real estate property development in India and the United Kingdom. The Company has a portfolio of housing projects, premium and luxury housing projects, industrial and logistics park segments. Its housing projects include Palava (Navi Mumbai, Dombivali Region), Upper Thane (Thane outskirts), Amara (Thane), Lodha Sterling (Thane), Lodha Luxuria (Thane), Crown Thane (Thane), Bel Air (Jogeshwari), Lodha Belmondo (Pune), Lodha Splendora (Thane) and Casa Maxima (Mira Road). Its townships are located at Palava (Navi Mumbai, Dombivali Region) and Upper Thane (Thane outskirts). Its premium and luxury housing projects include Lodha Park (Worli), Lodha World Towers (Lower Parel), Lodha Venezia (Parel) and New Cuffe Parade (Wadala). In addition, it has projects under the Lodha Luxury brand, which comprises small-scale, high-value developments such as Lodha Altamount (Altamount Road), Lodha Seamont (Walkeshwar) and Lodha Maison (Worli).

Sector

Real Estate Development & Operations

Calendar

25/07/2024 - Q1 2025 Earnings Release (Projected)

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Ratings for Macrotech Developers Limited

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1,504 INR

Average target price

1,237 INR

Spread / Average Target

-17.73%

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