Mukul Agrawal buys office space in Lodha's Worli project for ₹163 crore
Macrotech set out an expansion.
· LiveMint Companies
Param Capital founder and ace investor Mukul Agrawal has bought 20,000 sq. ft across the entire 46th floor of Lodha Promina, as the Mumbai developer expands its commercial office portfolio.
The analysis
Macrotech reported ₹163 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +1.4% on the day at ₹1,195.00, and has returned -1.9% over three months. It sits 9% below its 52-week high. The real estate sector has moved -5.9% over the same period, so Macrotech is running 4.0 points ahead of its peers.
For Macrotech, the question is how much of this is already reflected in the price and how much re-rates the real estate peer set alongside it.
Market context
- In focus: Macrotech (Lodha) (LODHA), in Real Estate.
- Over three months: Macrotech (Lodha) -1.9% against Real Estate -5.9% (4.0 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Macrotech (Lodha)LODHA · Real Estate | ₹1,195.00 | +1.4% | +12.2% | -1.9% | -9.2% | 0.8× | — |
Real Estate
1M +5.6% · 3M -5.9%
Macrotech (Lodha)
Capital Goods & Engineering
1M -6.6% · 3M -8.5%
Capital Markets
1M +6.3% · 3M +2.8%
Prices as of 9 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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