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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