Mahindra Lifespace Developers jumps on finalising terms for joint development on land parcel in Dahisar
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Mahindra Lifespace Developers is currently trading at Rs. 279.70, up by 4.15 points or 1.51% from its previous closing of Rs. 275.55 on the BSE.
The scrip opened at Rs. 282.00 and has touched a high and low of Rs. 284.00 and Rs. 274.65 respectively. So far 13657 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 299.30 on 20-Oct-2021 and a 52 week low of Rs. 79.99 on 02-Nov-2020.
Last one week high and low of the scrip stood at Rs. 296.00 and Rs. 256.00 respectively. The current market cap of the company is Rs. 4267.74 crore.
The promoters holding in the company stood at 51.45%, while Institutions and Non-Institutions held 27.62% and 20.94% respectively.
Mahindra Lifespace Developers has finalised terms for a joint development on a 4.8-acre land parcel in Dahisar East. Strategically located on the Western Express Highway, this is Mahindra Lifespaces’ first project in Dahisar and will offer approximately 5 lakh sq. ft. of carpet area.
Mahindra Lifespace Developers is the real estate and infrastructure development business of the $19 billion Mahindra Group, and a pioneer of sustainable urbanization in India.
