Budget 2023Budget 2023


  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund

Macrotech Developers: More than promising

Recent correction in the stock provides good opportunity as valuation turns attractive

April 29, 2022 / 11:49 AM IST
Macrotech Developers: More than promising

Representative image.

Post COVID, a strong recovery in the real-estate market has helped companies like Macrotech Developers (Lodha) to leverage its capabilities, given the strong presence in the high-growth markets and huge unsold inventory it was carrying. Fiscal 2022 had come as a blessing, with the company reporting one of its best performances. Result analysis During the quarter that ended in March 2022, the company reported a strong 36 percent year-on-year (YoY) growth in revenue. During the quarter, the company booked pre-sales of close...

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers