Stay updated with breaking news from Macrotech Developers. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Based on the OI percentage, a total of 74 stocks were on the short-covering list which included Vodafone Idea, IndiaMART InterMESH, Biocon, Page Industries, and Sun TV Network.
Of the total land deals in FY24, around 80 separate deals for approximately 2,252 acres are for proposed residential, plotted development and township projects.
Anil Gupta, the Chairman and Managing Director of Wellknown Polyesters Ltd, a firm that manufactures and exports polyester yarn, has made one of the biggest real estate transactions of 2024 until the present.
The market may consolidate further with focus on the March FY24 quarter earnings, advance estimates for quarterly US GDP and Middle East tensions, in the coming week.
Land Deals In India: During the entire 2023-24 fiscal, property consultant Anarock said that real estate developers and other entities have closed 101 land deals, cumulatively accounting for 2,989 acres.