Mahindra Lifespace Developers climbs on partnering with Livingstone Infra
Mahindra Lifespace Developers is currently trading at Rs. 356.60, up by 8.85 points or 2.54% from its previous closing of Rs. 347.75 on the BSE.
The scrip opened at Rs. 352.45 and has touched a high and low of Rs. 361.95 and Rs. 342.80 respectively. So far 6222 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 679.15 on 25-Apr-2024 and a 52 week low of Rs. 342.80 on 19-Feb-2025.
Last one week high and low of the scrip stood at Rs. 369.15 and Rs. 342.80 respectively. The current market cap of the company is Rs. 5490.11 crore.
The promoters holding in the company stood at 51.15%, while Institutions and Non-Institutions held 30.70% and 18.15% respectively.
Mahindra Lifespace Developers (MLDL) has partnered with Livingstone Infra (LS) for a cluster redevelopment project in Mahalaxmi, with a Gross Development Value (GDV) of Rs 1650 crore.
Located in the upscale Mahalaxmi area, the project site enjoys a prime position in one of South Mumbai’s most sought-after neighborhoods. A key advantage of the location is its exceptional connectivity, which ensures convenient access to major business districts, essential services, and leisure destinations across South Mumbai.
Mahindra Lifespace Developer brings the Mahindra Group’s philosophy of ‘Rise’ to India’s real estate and infrastructure industry through thriving residential communities and enabling business ecosystems.
