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Lotus Global Investment Fund picks up stake in Karda Constructions Ltd. ANI | Updated: Jan 29, 2021 13:32 IST Mumbai (Maharashtra) [India], January 29 (ANI/NewsVoir): Lotus Global Investment Fund has picked up stake in BSE and NSE-listed real estate giant, Karda Constructions Ltd. As per bulk deal data available on NSE, Lotus Global Investment Fund picked up 325000 shares in Karda Constructions Ltd at Rs 111 on January 28. The company had recently announced that it had contract orders worth Rs 1835.14 million in hand. The company said that its focus woul...

Karda Constructions reports strong turnaround in Q3 as construction activities resume post-lockdown Posted On: 2021-01-20 00:26:21 (Time Zone: Arizona, USA) The renowned real estate developer Karda Constructions Limited has reported a strong growth momentum in new bookings (pre-sales) in the third quarter of the current financial year (Q3 FY20-21), indicating a turnaround in India's housing sector. The company reported a healthy 22.34% year-on-year (y-o-y) growth and 17.35% quarter-on-quarter (QoQ) growth in new bookings (pre-sales) in Q3 FY20-21, supported by its strong inventory build-...

Lodha Group fires up IPO plans as real estate bounces back, may file papers with Sebi by March Investment banks Axis Capital and JP Morgan have been roped in as advisors for the proposed listing. The Mumbai-based developer made two previous listing attempts in 2009 and 2018. January 06, 2021 / 10:34 PM IST This would mark the third attempt by the firm, which is known for luxury projects such the Trump Towers in Mumbai and Grosvenor Square in London, to launch an IPO. Macrotech Developers (formerly Lodha Developers), one of India’s largest real estate players, is taking another stab at l...

The biggest market winners and losers of 2020, at home and abroad The Nasdaq Composite, the tech-heavy index, gained the most among these three US indices, rallying more than 43 percent in 20202. Image: Pixabay The year 2020 was off to a bad start as the coronavirus began spreading from Wuhan, where the first case was reported late in 2019.  As the virus spread, countries including India, opted for lockdowns to curb infections as the human toll began to mount. The restrictions wrecked economies and benchmark indices crashed 40 percent in March but after hitting multi-year lows, markets star...

Explore Now NEW DELHI: If you have been blinded by the dazzling returns that largecap and midcap stocks delivered in 2020, then you perhaps missed what was happening in the smallcap segment! Some numbers would surely leave you flabbergasted. As many as 71 smallcap stocks more than doubled investors’ money during the calendar year gone by, as a strong economic recovery and ample liquidity in the system drove investors to look beyond the big names on Dalal Street. Tanla Platforms, which became a 10-bagger within a year, was the biggest surprise. The cloud communications services provider came...