Macrotech Developers Limited (NSEI:LODHA) entered into an agreement to acquire 50% stake in Siddhivinayak Realties Private Limited from Oberoi Constructions Limited for INR 2.5 billion on March 28, 2024. Siddhivinayak Realties reported revenue of INR 0 and net worth of INR 838,871,797 as at March 31, 2023. The transaction is expected to close within a week.
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5-day change | 1st Jan Change | ||
1,227 INR | +2.43% | +2.63% | +19.85% |
Apr. 26 | Jefferies Adjusts Macrotech Developers' Price Target to INR1,500 From INR1,380, Keeps at Buy | MT |
Apr. 25 | Transcript : Macrotech Developers Limited, Q4 2024 Earnings Call, Apr 25, 2024 |
EPS Revisions
1st Jan change | Capi. | |
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+19.85% | 14.28B | |
+36.16% | 27.94B | |
-13.91% | 26.97B | |
+21.99% | 26.95B | |
+2.14% | 25.32B | |
+44.49% | 22.58B | |
+2.78% | 19.59B | |
+5.52% | 19.52B | |
+28.54% | 16.23B | |
-14.54% | 14.98B |
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- Macrotech Developers Limited entered into an agreement to acquire 50% stake in Siddhivinayak Realties Private Limited from Oberoi Constructions Limited for INR 2.5 billion.