Mahindra Lifespace is currently trading at Rs 239.75, up by 3.40 points or 1.44% from its previous closing of Rs 236.35 on the BSE.

The scrip opened at Rs 237.75 and has touched a high and low of Rs 241.90 and Rs 236.10 respectively. So far 1310 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 425.00 on 08-Apr-2011 and a 52 week low of Rs 235.00 on 30-Dec-2011.

Last one week high and low of the scrip stood at Rs 264.50 and Rs 235.00 respectively. The current market cap of the company is Rs 979.02 crore.

The promoters holding in the company stood at 51.05% while Institutions and Non-Institutions held 31.63% and 17.11% respectively.

 Mahindra Lifespace Developers has received an approval for additional borrowing of a sum not exceeding Rs 500 crore in one or more tranches by way of term loans/ debentures / working capital loans for the purpose of business of the company. The board at its meeting held on December 30, 2011 has approved for the same.

Mahindra Lifespace Developers (MLDL) is the real estate and infrastructure development subsidiary of Mahindra & Mahindra (M&M). At present, M&M holds 51% of the equity share capital of MLDL. MLDL has two main lines of businesses - standalone real estate development and development of integrated business cities.

 

Mahindra Life. Dev Share Price

472.50 4.90 (1.05%)
20-Dec-2024 16:59 View Price Chart
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