Mahindra Lifespace Developers Ltd has acquired a land parcel in District Palghar, Maharashtra admeasuring 85,000 square meters for residential development.
Mahindra Lifespace Developers Ltd ended at Rs. 475.15, down by Rs. 5.75 or 1.2% from its previous closing of Rs. 480.9 on the BSE.
The scrip opened at Rs. 481.05 and touched a high and low of Rs. 485 and Rs. 473.3 respectively. A total of 5152(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1949.37 crore.
The BSE group 'B' stock of face value Rs. 10 touched a 52 week high of Rs. 580 on 28-Feb-2015 and a 52 week low of Rs. 401.3 on 19-Jun-2015. Last one week high and low of the scrip stood at Rs. 493 and Rs. 471 respectively.
The promoters holding in the company stood at 50.82 % while Institutions and Non-Institutions held 27.74 % and 21.33 % respectively.
The stock traded above its 50 DMA.
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