Macrotech Developers Q4 profit down 11% to ₹665.5 crore
Macrotech Developers net profit stood at ₹744.4 crore in the fourth quarter of 2022-23 and ₹486.7 crore in the entire 2022-23 fiscal
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Macrotech Developers net profit stood at ₹744.4 crore in the fourth quarter of 2022-23 and ₹486.7 crore in the entire 2022-23 fiscal
The developer recently raised $400 million or over Rs 3,300 crore from investors including Invesco Oppenheimer, Blackrock, Carmignac, APG and HDFC Life through a qualified institutional placement (QIP) issue. This was the fourth equity raise by Lodha in the last 36 months totalling Rs 13,000 crores of capital including its initial public offer (IPO) in April 2021.
India VIX, which measures near-term volatility saw a sharp fall of 18 percent to trade around 10.42
Analysts expect the market to maintain the bullish undertone as elections and corporate earnings season continue
Adani Group’s real estate business is fairly new—just 14 years old. But it is fast becoming a key mover and shaker in India’s booming real estate market. In fact, the company has the potential to become India’s largest developer. We tell you why.