{"id":13878,"date":"2022-01-07T11:11:06","date_gmt":"2022-01-07T05:41:06","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-stocks-macrotech-developers\/"},"modified":"2022-01-07T11:20:56","modified_gmt":"2022-01-07T05:50:56","slug":"biz-stocks-macrotech-developers","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-stocks-macrotech-developers\/","title":{"rendered":"Macrotech Developers shares jump over 3% after robust Q3 sales bookings data"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-383025143\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>New Delhi, Jan 7 (PTI) Shares of Macrotech Developers Ltd on Friday jumped over 3 per cent after the realty firm reported a 40 per cent increase in sales bookings during the December quarter.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1860243198\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The stock gained 3.23 per cent to Rs 1,240 on the BSE.<\/p><p>At the NSE, it jumped 3.18 per cent to Rs 1,238.30.<\/p><p>Macrotech Developers on Thursday reported a 40 per cent increase in sales bookings to Rs 2,608 crore during the quarter ended December on higher housing demand, helping the company to trim net debt by 20 per cent to Rs 9,925 crore.<\/p><div class=\"trade-content_5\" id=\"trade-1551733421\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Macrotech Developers, one of the leading real estate developers in India, markets its properties under the Lodha brand.<\/p><p>In a regulatory filing, Macrotech said its sales bookings grew to Rs 2,608 crore during the third quarter of this fiscal from Rs 1,862 crore in the year-ago period.<\/p><p>The sales bookings number pertains to its projects in India. On Wednesday, the company had reported sales bookings of Rs 1,900 crore in its two projects in London.<\/p><p>The collections from customers against sales rose 44 per cent to Rs 2,127 crore from Rs 1,472 crore during the period under review.<\/p><p>The company&#8217;s net debt (India business) fell to Rs 9,925 crore as of December 31, 2021, from Rs 12,477 crore at the end of the September quarter. PTI SUM SUM BAL BAL<\/p><div class=\"trade-after-content\" id=\"trade-1203273746\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Jan 7 (PTI) Shares of Macrotech Developers Ltd on Friday jumped over 3 per cent after the realty firm reported a 40 per cent increase in sales bookings during the December quarter. The stock gained 3.23 per cent to Rs 1,240 on the BSE. At the NSE, it jumped 3.18 per cent to [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31,1789],"tags":[],"class_list":["post-13878","post","type-post","status-publish","format-standard","hentry","category-company-results","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Macrotech Developers shares jump over 3% after robust Q3 sales bookings data - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-stocks-macrotech-developers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Macrotech Developers shares jump over 3% after robust Q3 sales bookings data\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Jan 7 (PTI) Shares of Macrotech Developers Ltd on Friday jumped over 3 per cent after the realty firm reported a 40 per cent increase in sales bookings during the December quarter. 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