Mahindra Lifespace Developers is currently trading at Rs. 213.70, up by 0.60 points or 0.28% from its previous closing of Rs. 213.10 on the BSE.
The scrip opened at Rs. 212.00 and has touched a high and low of Rs. 217.00 and Rs. 212.00 respectively. So far 1129 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 454.15 on 15-Oct-2019 and a 52 week low of Rs. 171.20 on 07-May-2020.
Last one week high and low of the scrip stood at Rs. 219.40 and Rs. 206.05 respectively. The current market cap of the company is Rs. 1104.09 crore.
The promoters holding in the company stood at 51.52%, while Institutions and Non-Institutions held 26.48% and 22.00% respectively.
Mahindra World City Jaipur (MWC Jaipur), a joint venture (JV) between Mahindra Lifespace Developers (MLDL) and Rajasthan State Industrial Development and Investment Corporation (RIICO) has signed four companies from the IT/ITeS, medical devices, manufacturing and warehousing logistics sectors. These clients viz. Programmers.io; Vitromed Healthcare; Bansal Oil Mill.; and Bhagwati Group are investing to establish new facilities/ expand existing operations at MWC Jaipur. MWC Jaipur is the chosen destination for these MSME clients’ due to its strategic location; ready plug-n-play infrastructure along with an established ecosystem enabling Ease of Doing Business in operations. This ensures faster time-to-market benefit for all industrial clients.
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.
