Buy Calls On Lodha, PTL Enterprises: SEBI RAs Spot Upside Triggers

Lodha (Macrotech Developers) and PTL Enterprises are on analysts' radar this week. While Lodha sees support from its strong operational update for the first quarter, PTL Enterprise saw a technical setup that suggests a trend reversal. 

Let’s take a look at the analysts’ recommendations:

Lodha (MacrotechDevelopers )

Analyst Vinayak Gautam recommended a Buy on Lodha at ₹1,377, with a stop loss at ₹1,360. He set a target price of ₹1,410, over a one-week timeframe. 

In its quarterly business update, the company reported a 10% year-on-year increase in pre-sales, reaching ₹4,450 crore, while collections rose by 7% year-on-year to ₹2,880 crore.

The company has also added five new projects with a Gross Development Value (GDV) of ₹22,700 crore. Macrotech reaffirmed its full-year pre-sales guidance of ₹21,000 crore.

Lodha shares are flattish year-to-date (YTD).

PTL Enterprises 

SEBI-registered analyst Palak Jain expects a bullish trend reversal in PTL Enterprises. 

On the technical charts, the stock has formed a rounding bottom pattern, indicating a potential reversal. Also, increasing volumes support this scenario, indicating strong buyer interest.

She noted that the stock is approaching a key resistance level at ₹46.38, and a breakout above this could lead to further gains. Jain recommended buying above this level with a target price of ₹50 and a stop-loss at ₹42.

She also flagged market volatility, company-specific risks, and economic downturn as key risks to monitor. 

PTL Enterprises shares have gained 11% year-to-date (YTD).

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