07-10-2023 09:59 AM | Source: Accord Fintech
Max Ventures shines as its arm achieves pre-formal launch sales of over Rs 1,800 crore for project in Noida
News By Tags | #7807 #765 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Max Ventures And Industries is currently trading at Rs. 213.75, up by 4.55 points or 2.17% from its previous closing of Rs. 209.20 on the BSE.

The scrip opened at Rs. 216.00 and has touched a high and low of Rs. 219.70 and Rs. 212.90 respectively. So far 11359 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 219.70 on 10-Jun-2023 and a 52 week low of Rs. 90.20 on 15-Jul-2022.

Last one week high and low of the scrip stood at Rs. 219.70 and Rs. 200.55 respectively. The current market cap of the company is Rs. 3078.05 crore.

The promoters holding in the company stood at 49.52%, while Institutions and Non-Institutions held 30.17% and 20.31% respectively.

Max Ventures and Industries’ (MaxVIL) real estate arm -- Max Estates has achieved pre-formal launch sales of over Rs 1,800 crore for its first luxury residential project, Estate 128, located in Sector 128, Noida. The project is registered with UP RERA. Estate 128 is built across 10 acres, with 3 high rise towers having 201 units anchored in the organisation’s Live Well philosophy. With 80% green spaces and a unique landscape that retraces the ‘journey of a river’ through multiple terrains, diverse biophilia, and art installations, the development has been designed to encourage engagement and interaction among residents. 

The project also features large expansive decks in every unit, designed for a bespoke outdoor experience, which provide uninterrupted serene views overlooking the central green landscape, and green belt of the expressway. The amenities in the project are carefully designed for holistic wellbeing. ‘The Hub at Estate 128’, admeasuring ~46,000 sq. ft. encompasses state of the art indoor and outdoor amenities including swimming pool, spa, sports facilities, multipurpose hall, dining, among others.

Max Ventures and Industries, a part of Max Group, operates primarily in the areas of manufacturing and real estate.