Mahindra Lifespace Developers is currently trading at Rs. 572.00, up by 2.75 points or 0.48% from its previous closing of Rs. 569.25 on the BSE.
The scrip opened at Rs. 572.95 and has touched a high and low of Rs. 581.10 and Rs. 568.00 respectively. So far 7854 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 659.00 on 31-Jul-2014 and a 52 week low of Rs. 327.20 on 11-Sep-2013.
Last one week high and low of the scrip stood at Rs. 659.00 and Rs. 551.35 respectively. The current market cap of the company is Rs. 2377.79 crore.
The promoters holding in the company stood at 50.86% while Institutions and Non-Institutions held 31.42% and 17.60% respectively.
Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of $16.5 billion Mahindra Group, has launched its first ‘Happinest’ project in Avadi, a suburb of Chennai. This marks the foray of the company into the affordable housing space with the objective of enabling a cross section of Indians to fulfill their dreams of home ownership in a safe, secure and healthy environment.
Happinest is located in Avadi, one of the fastest growing suburbs of Chennai, with proximity to social infrastructure such as the railway station, bus stands, schools, colleges, markets and hospitals. Spread over 13 acres, Happinest will be home to 1200+ families. The development consists of 1 BHK and 2 BHK apartments with sizes ranging from 396 square feet to 677 square feet.
Mahindra Lifespace Developers (MLDL) is the real estate and infrastructure development subsidiary of Mahindra & Mahindra (M&M). At present, M&M holds 51% of the equity share capital of MLDL. MLDL has two main lines of businesses - standalone real estate development and development of integrated business cities.
| Company Name | CMP |
|---|---|
| Dilip Buildcon | 500.10 |
| Macrotech Developers | 1556.25 |
| NBCC (India) | 159.50 |
| Prestige EstatesProj | 1927.50 |
| DLF | 877.95 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
