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Kolkata: Lodha Developers is a Mumbai-based real estate development company which is active in all segments of the housing sector -- luxury, premium, mid-income and affordable. The company's competence lies in developing integrated townships, high-rise buildings and retail spaces. The company not only expanded beyond its core area of Mumbai Metropolitan Region but also has reached locations as London.
On Thursday, October 9, the Lodha Developers stock was trading at Rs 1,121.30, down Rs 7.40 or 0.66%. The 52-week high price of this stock is Rs 1,531.00, while the 52-week low quotation is Rs 1,035.15. (The company was earlier known as known as Macrotech Developers.)
MNC brokerage firm Jefferies has assigned a Buy rating and set a target price for Lodha Developers. The target price is Rs 1,625, which represents 44% upside from the level seen on Thursday, October 9, 2025. Jefferies has pointed out that a few major infrastructure projects in Mumbai are going to boost the fortunes of Lodha Developers and this list includes the second international airport of India's financial capital. The market cap of Lodha Developers stood at Rs 1,12,729 crore at the close of trading session on October 8.
One of the positives of the company is a big land bank which is about 4,500 acres that is along Mumbai's outer ring -- one of the prime areas of Mumbai where prices have sky rocketed. Jefferies belies this is one of the biggest pros of the company.
According to data, achieved pre-sales of Rs 4,570 crore in Q2 (July-September) FY26, which rose 7% (y-o-y) and 3% (q-o-q). Collections too surged 13% and reached Rs 3,480 crore compared to the figures in 2024. Booking guidance for FY26 stands at Rs 21,000 crore. The net debt figures stood at Rs 5,370 crore after rising by Rs 300 crore, a result of new business development.
On Thursday afternoon, the Lodha Developers counter showed the following data:
Decline in one month: 4.26%
Rise in six months: 1.01%
Decline in one year: 7.15%
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, REITs, INVITs, any form of alternative investment instruments and crypto assets.)
