Shares of Macrotech Developers Ltd. (NSE: LODHA) fell 2.37% today, closing at ₹1,188.45 per share, down from the previous close of ₹1,217.30. This drop contributed to a significant decline in the company’s market capitalization, which now stands at approximately ₹1,18,426 crore, down by around ₹2,900 crore.
The decline in Macrotech Developers’ stock price aligns with broader market trends, as investors remain cautious in the current economic environment. This drop has led to increased interest in the stock’s future performance, especially as the company navigates market volatility and operational challenges in the real estate sector.
With today’s decrease, the stock is now near its recent 52-week low of ₹826, indicating potential volatility for investors watching Macrotech Developers in the coming sessions.
