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18-Feb2019

Mahindra Lifespace Developers gains on the bourses

Mahindra Lifespace Developers is currently trading at Rs. 376.95, up by 0.60 points or 0.16% from its previous closing of Rs. 376.35 on the BSE.

The scrip opened at Rs. 372.70 and has touched a high and low of Rs. 378.05 and Rs. 371.50 respectively. So far 300 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. 367.00 on 06-Feb-2019.

Last one week high and low of the scrip stood at Rs. 384.00 and Rs. 370.30 respectively. The current market cap of the company is Rs. 1915.32 crore.

The promoters holding in the company stood at 51.54%, while Institutions and Non-Institutions held 23.86% and 24.61% respectively.

Mahindra Lifespace Developers (MLDL) has successfully concluded the fifth edition of 'Confluence', its thought leadership platform presented by Mahindra World City. The knowledge forum convened in New Delhi addressed the theme of 'Thinking Cities: The Rise of Resilience' this year, focusing on the role of citizenry, policy-makers and corporates in making cities more resilient.

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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