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Mahindra Lifespace Developers inches up on launching new residential project in Mumbai

Mahindra Lifespace Developers is currently trading at Rs. 423.00, up by 0.10 points or 0.02% from its previous closing of Rs. 422.90 on the BSE.

The scrip opened at Rs. 423.00 and has touched a high and low of Rs. 423.00 and Rs. 423.00 respectively.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 445.45 on 27-Sep-2019 and a 52 week low of Rs. 351.90 on 27-Mar-2019.

Last one week high and low of the scrip stood at Rs. 435.00 and Rs. 420.00 respectively. The current market cap of the company is Rs. 2172.50 crore.

The promoters holding in the company stood at 51.53%, while Institutions and Non-Institutions held 21.23% and 27.24% respectively.

Mahindra Lifespace Developers has launched its residential project, ‘Vicino’ at Andheri (East), Mumbai. The said Project is registered with Maharashtra RERA. The company launched the project on October 06, 2019.

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.

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