NOMURA ON MACROTECH
(CMP: 1,376)
MAINTAIN BUY
TARGET: ₹1,450
10% Pre-sales Growth Is In-line But Lower Than Its FY26 Guidance Of 20%
Achieved Business Development Of 22,700 Cr, Over 90% Of Its FY26 Guidance
Given Strong Biz Dvpt In Q1, Have Strengthened Its Launch Pipeline For Current Fiscal
On Track To Achieve FY26 Pre-sales Guidance Of `21,000 Cr
(CMP: 1,376)
MAINTAIN BUY
TARGET: ₹1,450
10% Pre-sales Growth Is In-line But Lower Than Its FY26 Guidance Of 20%
Achieved Business Development Of 22,700 Cr, Over 90% Of Its FY26 Guidance
Given Strong Biz Dvpt In Q1, Have Strengthened Its Launch Pipeline For Current Fiscal
On Track To Achieve FY26 Pre-sales Guidance Of `21,000 Cr
