Mahindra Lifespace Developers is currently trading at Rs 356.60, up by 8.85 points or 2.54% from its previous closing of Rs 347.75 on the BSE. The stock opened at Rs 352.45 and has reached a high of Rs 361.95 and a low of Rs 342.80 during the session, with 6,222 shares traded so far.
The BSE group 'A' stock, with a face value of Rs 10, has recorded a 52-week high of Rs 679.15 on April 25, 2024, and a 52-week low of Rs 342.80 on February 19, 2025. Over the past week, the stock's high and low stood at Rs 369.15 and Rs 342.80, respectively. The company's current market capitalization is Rs 5,490.11 crore.
Promoters hold a 51.15% stake in the company, while institutions and non-institutions hold 30.70% and 18.15%, respectively.
In a significant development, Mahindra Lifespace Developers (MLDL) has partnered with Livingstone Infra (LS) for a cluster redevelopment project in Mumbai's upscale Mahalaxmi area, with a Gross Development Value (GDV) of Rs 1,650 crore. This strategic move marks MLDL's expansion into South Mumbai's premium real estate market, leveraging the location's exceptional connectivity to major business districts, essential services, and leisure destinations.
Mahindra Lifespace Developers continues to embody the Mahindra Group's 'Rise' philosophy by fostering thriving residential communities and enabling business ecosystems across India.