Brokerage firms are optimistic about Macrotech Developers, Titan Company, and Kalyan Jewellers. Synopsis Brokerages are optimistic about Macrotech Developers, Titan Company, and Kalyan Jewellers, citing strong fundamentals and growth prospects. Macrotech Developers shows a potential 31% upside, driven by robust pre-sales. Titan Company’s jewelry sales grew significantly, with a 25% potential upside. Kalyan Jewellers experiences…
READ MOREThe India arm of global logistics and supply chain solutions major Yusen Logistics has entered into an agreement with listed realty developer Macrotech Developers to pick up nearly 200,000 sq ft of warehousing space in Palava near Mumbai through a long-term lease agreement of over five years.The built-to-suit facility is part of Lodha Industrial &…
READ MORERealty developer Lodha, listed as Macrotech Developers, has acquired a 2.8-acre land parcel in Pune’s Hinjewadi from another city-based realtor Paranjape Schemes Constructions for nearly Rs 111 crore.The said plot is part of a larger land parcel of more than 120 acres on which Paranjape Schemes is developing an integrated township.The land parcel was mortgaged…
READ MORESynopsisWhen valuations are as expensive as they are now, it is time to be selective. But being selective is a generic term. For instance, the parameters used to pick a stock from the pharma industry would be very different from the ones used to buy infrastructure or capital goods stocks. The different macro and micro…
READ MOREMUMBAI: The residential sales across India’s top seven cities are expected to witness double digit growth in 2024-25. The area sold in Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru, Hyderabad, Pune, Kolkata, Chennai is likely to increase 10-12% to 785-800 million sq ft in the current financial year, on a high base of…
READ MOREThe tier I residential real estate inventory stock of the top eight cities across India remains at comfortable level compared to historical levels and the quarter-to-sales ratio is at moderate levels of 11 compared to the past six years’ high of 13 in 2018-19, said India Ratings & Research (Ind-Ra).The ratings agency, based on the…
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