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Mahindra Lifespace Developers is currently trading at Rs. 406.20, up by 6.20 points or 1.55% from its previous closing of Rs. 400.00 on the BSE.

The scrip opened at Rs. 402.00 and has touched a high and low of Rs. 410.00 and Rs. 402.00 respectively. So far 2691 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 463.28 on 26-Apr-2016 and a 52 week low of Rs. 319.54 on 16-Feb-2017.

Last one week high and low of the scrip stood at Rs. 425.00 and Rs. 398.00 respectively. The current market cap of the company is Rs. 2100.92 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 has opened Rs 300 crore rights issue on April 12, 2017. The issue will close on April 26. The company has issued up to 1.02 crore equity shares for cash at Rs 292 on rights basis to eligible shareholders.

The entitlement ratio is one equity shares for every four fully paid-up equity shares held as on the record date - March 31. Proceeds from the issue will primarily be used for redemption of non-convertible debentures.

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.

Mahindra Life. Dev Share Price

344.50 3.50 (1.03%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 827.75
Dilip Buildcon 434.80
DLF 569.60
Oberoi Realty 1671.50
Ahluwalia Contract(I 782.75
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