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Max Ventures surges after its arm leases office space at Max Towers to Cyril Amarchand Mangaldas

10 Feb 2021 Evaluate

Max Ventures And Industries is currently trading at Rs. 53.50, up by 0.50 points or 0.94% from its previous closing of Rs. 53.00 on the BSE.

The scrip opened at Rs. 53.20 and has touched a high and low of Rs. 58.00 and Rs. 52.35 respectively. So far 16545 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.00 on 10-Feb-2021 and a 52 week low of Rs. 25.15 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 58.00 and Rs. 49.25 respectively. The current market cap of the company is Rs. 780.04 crore.

The promoters holding in the company stood at 49.68%, while Institutions and Non-Institutions held 31.03% and 19.29% respectively.

Max Estates, a subsidiary of Max Ventures & Industries (MaxVIL), has leased around 80,000 (79,933) sq ft. at its flagship Grade A office complex, Max Towers, Noida to Cyril Amarchand Mangaldas (CAM), one of India’s leading legal firms. It has also leased about 7,300 sq. ft. to DBS.

Max Estates had recently announced leasing of 62,500 sq. ft. to Yes Bank at Max Towers. In addition, it has also leased 25,000 sq. ft. at Max Towers to Indian Energy Exchange (IEX), India’s first and largest power trading platform. This takes the total leased area at Max Towers to nearly 90% of the total 5.3 lakh sq ft.

Max Ventures and Industries, a part of the $3.2 billion Max Group, operates primarily in the areas of manufacturing and real estate.

Max Vent.-Amalgamat. Share Price

215.65 0.00 (0.00%)
10-Aug-2023 18:01 View Price Chart
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