Mahindra Lifespace Developers is currently trading at RS. 366.30, up by 5.05 points or 1.40% from its previous close of RS. 361.25 on the BSE.
The stock opened at RS. 375.00 and recorded an intraday high of RS. 378.00 and a low of RS. 364.15. A total of 64,062 shares have been traded so far.
Classified under BSE group 'A', with a face value of RS. 10, the stock has touched a 52-week high of RS. 594.65 on July 5, 2024, and a 52-week low of RS. 253.78 on April 7, 2025. Over the past week, the stock’s high and low were RS. 378.00 and RS. 350.15 respectively. The company's current market capitalization stands at RS. 7853.14 crore.
Promoter shareholding in the company stands at 51.14%, while institutional investors hold 29.64% and non-institutional investors 19.22%.
Mahindra Lifespace Developers (MLDL) has been appointed as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai. The project spans a 3.08-acre land parcel with an estimated development value of approximately RS. 1,250 crore.
The site boasts excellent connectivity, located just 1.4 km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also offers seamless access to the Eastern Express Highway and the Mulund-Airoli Bridge, improving connectivity to Navi Mumbai and other key business hubs.
Mahindra Lifespace Developers continues to bring the Mahindra Group’s ‘Rise’ philosophy to India’s real estate and infrastructure sectors, focusing on creating vibrant residential communities and business ecosystems.