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Mahindra Lifespace Developers gains on launching residential project 'Roots'

21 Jun 2018 Evaluate

Mahindra Lifespace Developers is currently trading at Rs. 646.00, up by 9.70 points or 1.52% from its previous closing of Rs. 636.30 on the BSE.

The scrip opened at Rs. 644.00 and has touched a high and low of Rs. 656.00 and Rs. 640.00 respectively. So far 399 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 669.00 on 20-Jun-2018 and a 52 week low of Rs. 382.30 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 669.00 and Rs. 546.90 respectively. The current market cap of the company is Rs. 3266.37 crore.

The promoters holding in the company stood at 51.56%, while Institutions and Non-Institutions held 25.78% and 22.66% respectively.

Mahindra Lifespace Developers is all set to launch its upcoming residential project ‘Roots’ at Kandivali, Mumbai on June 22, 2018.

Mahindra Lifespace Developers is the real estate and infrastructure development business of the $19 billion Mahindra Group, and a pioneer of sustainable urbanization in India.

Peers
Company Name CMP
Lodha Developers 1070.10
Prestige EstatesProj 1425.00
Dilip Buildcon 398.00
DLF 621.00
Oberoi Realty 1668.30
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