22-03-2024 11:27 AM | Source: Accord Fintech
Mahindra Lifespace Developers surges on launching residential project `Mahindra Zen` at Bengaluru

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Mahindra Lifespace Developers is currently trading at Rs. 556.00, up by 11.90 points or 2.19% from its previous closing of Rs. 544.10 on the BSE.

The scrip opened at Rs. 553.90 and has touched a high and low of Rs. 556.45 and Rs. 548.80 respectively. So far 16825 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 632.80 on 05-Feb-2024 and a 52 week low of Rs. 316.10 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 559.00 and Rs. 531.85 respectively. The current market cap of the company is Rs. 8572.79 crore.

The promoters holding in the company stood at 51.18%, while Institutions and Non-Institutions held 31.73% and 17.09% respectively.

Mahindra Lifespace Developers has launched a residential project, ‘Mahindra Zen’ at Bengaluru South. The said Project is registered with Karnataka Real Estate Regulatory Authority. The company has launches residential project on March 21, 2024. 

Mahindra Lifespace Developers is the real estate and infrastructure development company and a pioneer of sustainable urbanization in India.