Max Ventures shines with arm opening flagship office project ‘Max Towers’

12 Apr 2019 Evaluate

Max Ventures and Industries is currently trading at Rs. 46.75, up by 1.65 points or 3.66% from its previous closing of Rs. 45.10 on the BSE.

The scrip opened at Rs. 45.00 and has touched a high and low of Rs. 46.70 and Rs. 44.45 respectively. So far 8931 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 75.75 on 23-Aug-2018 and a 52 week low of Rs. 41.70 on 11-Feb-2019.

Last one week high and low of the scrip stood at Rs. 50.90 and Rs. 44.45 respectively. The current market cap of the company is Rs. 653.84 crore.

The promoters holding in the company stood at 47.20% while Institutions and Non-Institutions held 31.58% and 21.22% respectively.

Max Ventures and Industries’ subsidiary--Max Estates has opened its flagship office project – Max Towers located on the Delhi Noida Directway (DND), a few minutes drive from South Delhi business hubs such as Okhla, Nehru Place etc. Built with an investment of nearly Rs 600 crore, with a super built up area of over 5.5 lakh sq ft, Max Towers includes 19 floors of office space and 4 floors of amenities.

Constructed in a brisk 24 months, Max Towers is a blend of thoughtful design and superior hospitality which helps integrate work and life through its philosophy of ‘WorkWell’. It will house the teams of some of the Max Group companies but will mostly be leased to progressive corporations. The building’s anchor tenant-Spaces, the premium co-working brand of one of world’s largest co-working company International Workplace Group will be operational shortly.

Max Ventures and Industries, a part of the $3 billion Max Group, operates primarily in the areas of manufacturing and real estate.

Max Vent.-Amalgamat. Share Price

215.65 0.00 (0.00%)
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