Sobha- 4QFY21 Result Update- Strong cash flows help in improving balance sheet
We were pleasantly surprised by the relatively strong operating cash flow in 4QFY21 despite a meagre 3% YoY increase in collections. Cash flow from...
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Macrotech (Lodha) Developers IPO - One Too Many Issues
Macrotech Developers (Lodha) aims to raise around US$345m in its India IPO. It is the largest real estate developer in India, by residential sales...
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