Mahindra Lifespace Developers is currently trading at Rs. 354.95, up by 0.70 points or 0.20% from its previous closing of Rs. 354.25 on the BSE.
The scrip opened at Rs. 358.30 and has touched a high and low of Rs. 359.00 and Rs. 353.55 respectively. So far 4,208 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 495.85 on 26-Apr-2016 and a 52 week low of Rs. 343.30 on 21-Nov-2016.
Last one week high and low of the scrip stood at Rs. 362.00 and Rs. 351.00 respectively. The current market cap of the company is Rs. 1,456.00 crore.
The promoters holding in the company stood at 50.85%, while Institutions and Non-Institutions held 26.64% and 22.51% respectively.
Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has entered into a partnership with State Bank of India (SBI) for the establishment of a market-focused platform that will provides information and bespoke home buying solutions for customers across India. As part of the Memorandum of Understanding (MoU) signed, the two companies will collaborate to provide exclusive home ownership solutions for customers serviced by each other.
Mahindra Lifespace Developers is a leader and pioneer in sustainable urban development, through the creation of residential and integrated large format developments across multiple city-clusters - Mumbai Metropolitan Region (Mumbai, Thane, Palghar, Alibaug and Boisar), Pune, Nagpur, Ahmedabad, Nashik, the National Capital Region (New Delhi, Gurgaon and Faridabad), Jaipur, Hyderabad, Bengaluru and Chennai.
