Macrotech Developers Ltd (Lodha) saw a significant drop in its market capitalization today. As of 3:30 PM, the stock was trading at ₹1,240, down ₹60.40 or 4.64% from the previous close. This decline resulted in a market cap loss of approximately ₹6,005 crore.
The company’s total market capitalization now stands at ₹1,23,409.82 crore. The decline reflects ongoing market concerns, particularly affecting the real estate sector, leading to increased investor caution.
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