Real estate stocks correct on Budget day; Nifty realty top loser
Sobha, Brigade Enterprises, Oberoi Realty, Godrej Properties and DLF stocks fall up to 1 percent.
Source: moneycontrol.com
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Buy Macrotech Developers; target of Rs 1295: Motilal Oswal
Motilal Oswal is bullish on Macrotech Developers recommended buy rating on the stock with a target price of Rs 1295 in its research report dated January 29, 2024.
Source: moneycontrol.com
India Budget: What real estate sector wants from Nirmala Sitharaman
The interim budget may not have major policy announcements but some populist measures may be proposed to help the ruling party clinch another victory in the upcoming general election.
Source: moneycontrol.com
Macrotech Developers aims to generate surplus cash in Q4, reduce debt by 11pc: MD Abhishek Lodha
Realty firm Macrotech Developers Ltd, which markets its properties under the Lodha brand, is focusing on generating surplus cash flow and reducing debt by at least 11% this quarter to Rs 6,000 crore. The company's MD and CEO, Abhishek Lodha, expressed confidence in achieving sales bookings guidance of Rs 14,500 crore for this fiscal year, thanks to a strong launch pipeline in the current January-March quarter.
Source: indiatimes.com
Macrotech Developers stocks: Buy Macrotech Developers, target price Rs 1295: Motilal Oswal
Macrotech Developers Ltd. key Products/Revenue Segments include Property Development, Land Development Rights, Other Operating Revenue, Rental Income and Building Materials for the year ending 31-Mar-2023.
Source: indiatimes.com