Mahindra Lifespace Developers trades in green on the BSE

20 Feb 2013

Mahindra Lifespace Developers is currently trading at Rs. 412.00, up by 0.90 points or 0.22% from its previous closing of Rs. 411.10 on the BSE.

The scrip opened at Rs. 415.00 and has touched a high and low of Rs. 415.00 and Rs. 409.55 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 452.00 on 19-Nov-2012 and a 52 week low of Rs. 283.95 on 10-May-2012.

Last one week high and low of the scrip stood at Rs. 418.10 and Rs. 402.10 respectively. The current market cap of the company is Rs. 1674.24 crore.

The promoters holding in the company stood at 51.05% while Institutions and Non-Institutions held 31.42% and 17.32% respectively.

Mahindra World City (MWC), Jaipur, has organized and hosted the first edition of ‘Confluence’ - a forum to interact with the International Property Consultants fraternity. The event included a panel discussion on ‘Developing Tier-II cities as Investment Destinations of Choice’.

Confluence - Building the Future Together’ aims at creating an interaction with the International Property Consultants (IPC) fraternity, bringing them together on a common platform. The goal was to forge durable business relationships and exchange views, ideas and opportunities around the growth of industrial and business ecosystems across the country.

MWC is a 74:26 joint venture (JV) between Mahindra Lifespace Developers, the real estate and infrastructure development arm of the $15.4 billion Mahindra Group, and the Rajasthan State Industrial Development and Investment Corporation (RIICO, an agency of the Government of Rajasthan). Spread across 3,000 acres, MWC provides corporates a world-class platform and the necessary support to expand their businesses to compete globally.

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