NIFTY 50 Market News

Max Estates sales bookings surge over 13-fold to Rs 2,100 crore in Q2 — Max Estates reported a sharp rise in sales bookings to Rs 2,100 crore in the July-September quarter, up from Rs 156 crore a year ago, driven by strong housing demand. The realty firm recorded Rs 3,200 crore in pre-sales in the first half and plans major residential launches across Noida and Gurugram.

Max Estates to form JV for Rs 3,000 cr housing project in Ghaziabad — Max Estates Ltd has unveiled an exciting partnership aimed at creating a new housing complex in Ghaziabad. Spanning an expansive 9.76 acres in the bustling Indirapuram area, this project boasts a remarkable potential of 1.5 million sq. ft. in super built-up area. With projected revenues between Rs 2,500 and 3,000 crore, the realization of this venture hinges on diligent approvals and thorough due diligence.

Top stocks in focus today: Investors must watch GHCL, Max Estates, Bharat Dynamics shares on Thu, 24 Sept | Triggers — Key companies in the spotlight for investors on September 24 include Sheetal Universal, which secured an export order, and GHCL, bidding for a limestone block. Other highlights include Motilal Oswal's custodial approval and BCPL's rail contract.

Top stocks in focus tomorrow: Investors must watch GHCL, Max Estates, Bharat Dynamics shares on Thu, 24 Sept | Triggers — Key companies in the spotlight for investors on September 24 include Sheetal Universal, which secured an export order, and GHCL, bidding for a limestone block. Other highlights include Motilal Oswal's custodial approval and BCPL's rail contract.

Max Estates buys 85-acre land in Delhi to build projects, eyes Rs 10,000-12,000 cr revenue — Max Estates has successfully acquired 84.71 acres in West Delhi for a whopping Rs 420 crore. This bold move paves the way for future residential and commercial projects, estimated to yield between Rs 10,000 and Rs 12,000 crore in revenue. By entering Delhi's housing market, Max Estates significantly enhances its land portfolio while ensuring robust future growth without immediate cash expenditure.