menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Lodha Deve...
source image

Bloomberg Quint

1w

read

1.3k

img
dot

Image Credit: Bloomberg Quint

Lodha Developers Can Rally 36% Says Motilal Oswal Maintaining 'Buy'

  • Motilal Oswal reiterates Buy rating for Lodha Developers with a revised target price of Rs 1,870, indicating a 36% potential upside.
  • Lodha Developers has been focusing on expanding into new markets and geographies to enhance its residential business since its FY21 listing.
  • The company's presales are expected to grow at a 20% Compound Annual Growth Rate (CAGR), supported by strong collections and a debt level of 0.2x as of Q4 FY25.
  • Lodha entered Pune, is rapidly expanding, completed a pilot phase in Bengaluru, and acquired a 5.6msf project with a gross development value of Rs 66 billion in FY25.

Read Full Article

like

13 Likes

For uninterrupted reading, download the app