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LODHA — Lodha Developers News Story

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India's Lodha Developers gains after Q1 profit more than doubles

BUZZ-India's Lodha Developers gains after Q1 profit more than doubles

** Shares of Lodha Developers LODH.NS rise 3.9% to 1188.5 rupees

** Real-estate firm's Q1 PAT more than doubles, helped by a large data centre land transaction; rev up 43%

** Stock rated "buy" on avg by 19 analysts; median PT 1240 rupees - data compiled by LSEG

** Stock up ~12% YTD


(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

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