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Macrotech Developers stock has gained 404% in 3 years, hitting ₹1,227 apiece. The company reported a 40% growth in sales bookings in Q4 FY24, reaching ₹4,230 crore. It successfully raised ₹3,300 crore through a QIP last month.
Shares of Ramco Systems jumped another 13.5% in today's trading session, reaching ₹386.90 apiece to hit a 2-year high. This strong rally has pushed the stock to gain 44% in April so far.
Godrej Properties has surpassed the sales booking numbers of Bengaluru-based Prestige Group, which on Monday reported pre-sales of Rs 21,040 crore during the last fiscal year.
Macrotech Developers has reported sales of Rs 14,520 crore in the previous fiscal. DLF is yet to announce its numbers, These four listed entities are in the race to gain market share.
Godrej Properties on Tuesday reported an 84 per cent increase in sales booking last fiscal to a record Rs 22,500 crore on higher volumes and launch of premium housing projects amid strong consumer demand. Shares of the company zoomed 7.85 per cent to hit a 52-week-high of Rs 2,791.20 on the BSE in