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MACROTECH DEVELOPERS Gains 5%; BSE REALTY Index Up 2.9%
Tue, 11 Mar 12:33

MACROTECH DEVELOPERS Gains 5%; BSE REALTY Index Up 2.9%Image source: alexsl/www.istockphoto.com

MACROTECH DEVELOPERS share price has zoomed 5% and is presently trading at Rs 1,132.8.

Meanwhile, the BSE REALTY index is at 6,392.0 (up 2.9%).

Among the top gainers in the BSE REALTY index today are Phoenix Mill (up 4.3%) and Godrej Properties (up 3.5%).

MAHINDRA LIFESPACE (down 2.6%) and SUNTECK REALTY (down 1.2%) are among the top losers today.

Over the last one year, MACROTECH DEVELOPERS has moved down from Rs 1,171.9 to Rs 1,132.8, registering a loss of Rs 39.1 (down 3.3%).

On the other hand, the BSE REALTY index has moved down from 7,235.8 to 6,392.0, registering a loss of 11.7% during the last 12 months.

The top losers among the BSE REALTY index stocks during this same period were MAHINDRA LIFESPACE (down 46.1%), DLF (down 27.8%) and Sobha (down 17.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 73,970.3 (down 0.2%).

The top losers among the BSE Sensex today are Indusind Bank (down 25.6%) and ZOMATO (down 4.9%). The most traded stocks in the BSE Sensex are Indusind Bank and ZOMATO.

In the meantime, NSE Nifty is at 22,454.8 . Indusind Bank and Infosys are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved down from 74,119.4 to 73,970.3, registering a loss of 149.1 points (down 0.2%).

MACROTECH DEVELOPERS Financial Update...

MACROTECH DEVELOPERS net profit grew 84.5% YoY to Rs 9,445 million for the quarter ended December 2024, compared to a profit of Rs 5,119 million a year ago. Net sales rose 39.3% to Rs 40,830 million during the period as against Rs 29,306 million in October-December 2023.

For the year ended March 2024, MACROTECH DEVELOPERS reported 217.5% increase in net profit to Rs 15,542 million compared to net profit of Rs 4,895 million during FY23. Revenue of the company grew 8.9% to Rs 103,161 million during FY24.

The current Price to earnings ratio of MACROTECH DEVELOPERS, based on rolling 12 month earnings, stands at 45.0.


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