Page 72 - Macrotech Developers News Today

Mukesh Ambani retains top spot, Gautam Adani at No 2 on Forbes 2021 list of India's richest

A soaring stock market propelled the combined wealth of members of the 2021 Forbes list of Indias 100...

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A soaring stock market propelled the combined wealth of members of the 2021 Forbes list of Indias 100 Richest to a record US$775 billion, after adding $257 billion -- a 50 per cent rise -- in the past 12 months.In this bumper year, more than ...

The IPO proposal of Mumbai-based realty major Macrotech Developers and Seven Islands Shipping got approvals in just 35 days early this year while the issues of Ami Organics, Vijaya Diagnostics, and Glenmark Life Sciences received regulatory nods in 44-48 days.

Tune in as we tell you whats happening in the market, whats making news this morning, and look at some of the buzzing stocks.

“We are seeing a churn taking place. While the small and midcap stocks have corrected over the past two-three weeks or so, the market has been held up by largecap tech companies and to an extent some of the consumer related businesses.”

Macrotech Developers MD and CEO Abhishek Lodha said he remained bullish on the growth prospects of the housing segment, notwithstanding the disruption caused by the COVID-19 pandemic

PVR: The eading multiplex chain operator reported a consolidated net loss of 219.55 crore for the first quarter ended June 2021, due to a hit on its film exhibition business amid Covid-induced lockdowns. The company had posted a net loss of Rs 225.73 crore in the April-June quarter a year ago. Container Corporation of India: The state-owned Concor reported 409.67 per cent surge in consolidated net profit to Rs 251.22 crore for the first quarter ended June 30. The company had clocked a net profi...

“Godrej Properties, Indiabulls Real Estate, DLF, and Sobha look strong on daily, weekly, and monthly time frames for an upside of 10-15% in the near term,” said Taparia. Top real estate stocks such as DLF, Godrej Properties, Oberoi Realty, Macrotech Developers and Sunteck Realty have rallied between 8% and 20% since July 1 compared to a tepid Nifty. Real estate stocks have been underperformers in recent years as the sector has been plagued by falling demand, unaffordability and high debt....