Whalesbook
Motilal Oswal Securities has upgraded its outlook on Lodha (Macrotech Developers), citing stronger-than-expected housing demand and an improving balance sheet. The brokerage set a target price of Rs 1,888, implying a potential 58% upside from the current market price. Motilal Oswal believes Lodha is well-positioned to benefit from a multi-year upcycle in branded housing, driven by increased affordability and a shift towards larger developers. The company's ability to sustain bookings, expand its project pipeline, and reduce debt are key factors supporting a clearer growth path.