scorecardresearchICICI Securities is 'bullish' on this real estate stock; sees a 24% upside

ICICI Securities is 'bullish' on this real estate stock; sees a 24% upside

Updated: 11 Jul 2022, 07:58 AM IST
TL;DR.
In Q4FY22, the company's consolidated net profit surged 72.4% to 535.46 on a 36% jump in net sales to 3,444.56 over Q4FY21. Profit before tax (PBT) increased by 44.7 per cent in Q4 March 2022, to 802.30 crore, from 554.50 crore in Q4 March 2021.
Macrotech Developers is a real estate firm. It has a major presence in the Mumbai Metropolitan Region (MMR) and in the Pune market. The company has recently forayed into Bengaluru.

Macrotech Developers is a real estate firm. It has a major presence in the Mumbai Metropolitan Region (MMR) and in the Pune market. The company has recently forayed into Bengaluru.