Macrotech Developers Ltd News

Analysts bullish on real estate sector amid increased capex, healthy demand_55124

Going forward, the ability of developers to show growth on a high base of FY22 sales, and management of a weak macroeconomic environment along with rising interest rates would be the key monitorables

India home to 12 real estate billionaires; Rajiv Singh of DLF the richest_51224

A large part of the rise in the fortunes of these realty barons is attributed to a rally in the real estate stocks at the bourses. For the year under review, the BSE Realty index gained 55 per cent

Inflation woes! Rate sensitive indices slump 5%; 18 stocks hit 52-week lows_40427

Nifty Auto, Nifty Realty, Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services indices were down in the range of 4 per cent to 5 per cent on the NSE.

Macrotech Developers rallies 6%, hits new high on growth prospects_1397

The company plans to nearly double its pre-sales to Rs 14,000 crore by financial year 2023-24 (FY24) and further grow to Rs 20,000 crore by FY26

Realty index slips 6%; DLF, Oberoi Realty, Godrej Properties down up to 8%_138

Despite the over 10 per cent correction from its 52-week high, the BSE Realty index has outperformed the market by surging 57 per cent thus far in the calendar year 2021