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Macrotech Developers gets nod for raising of funds up to Rs 4,000 crore

22 Oct 2021 Evaluate

Macrotech Developers’ board has approved the proposal of raising of funds up to Rs 4,000 crore by way of further issuance of securities. The company reported its consolidated net profit at Rs 223.36 crore for the quarter ended September.

Macrotech Developers is one of the largest real estate developers in India, by residential Sales value for the financial years 2014 to 2020.

Peers
Company Name CMP
Lodha Developers 1167.65
Prestige EstatesProj 1632.45
Dilip Buildcon 397.10
DLF 745.00
Oberoi Realty 1739.90
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