Lodha Macrotech Developers Shares Brokerage firm Motilal Oswal Financial Services Limited has given a buy opinion on the shares of real estate sector company Lodha Macrotech Developers. In its report, the brokerage firm has given a big target price on this stock. The current price of this stock is Rs 1390.
There is a possibility of increase in the sale of houses and vehicles during the festive season, so the shares of real estate and auto sector companies are expected to increase. The country's leading brokerage firm Motilal Oswal Financial Services Limited has advised buying shares of Lodha Macrotech Developers Limited, a renowned company in the real estate sector. The special thing is that this real estate stock (Real Estate Sector Share) can show a jump of up to 36 percent from its current market price.
What Motilal Oswal said in the report
Brokerage firm Motilal Oswal said in its report that the pre-sales of Lodha Macrotech Developers are expected to grow at a rate of 20% CAGR, and the credit for this goes to better housing collection. Since, the company entered Pune and is expanding its business at a good pace. Also, the company has completed its pilot phase in Bengaluru and has started expanding with the acquisition of a 5.6 million sq ft project with a GDV of Rs 66 billion in FY25.
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