Same.. Mahindra Lifespace Developers Ltd (Mahindra Lifespace Developers Ltd). Real Estate Infrastructure Development Division. It is playing a vital role in the sustainable urbanization of India. Playing a major role in undertaking residential projects. Mahindra Lifespace share was Rs.130.79 on February 2, 2021 and it reached Rs.347.90 on January 31, 2023. It has increased by about 160 percent in the last two years. The company is included in the S&P BSE Small Cap Index. It gave multibagger returns in two years.
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Looking at the consolidated results, it has made good profit in the second quarter results. The company’s net income increased by 17.81 percent to Rs 69.79 crore. The bottom line suffered a loss of Rs.34.3 crore. Currently this stock has TTM PE of 45.11 and PE value of 77.8. The value of ROE and ROCE of the company is 9.8 percent and 5.3 percent. The market capitalization is Rs.5,468.46 crore. The stock opened at Rs 419 in early trading on Thursday. The highest level was Rs.422 and the lowest level was Rs.413. The stock has a 52-week high of Rs.525 and a low of Rs.275.15.
There is uncertainty in the international markets due to the increase in the US Fed rates. The impact was on the domestic markets. The domestic market indices have been flat since the early trading on Thursday. Currently, the Bombay Stock Exchange index Sensex is continuing at the 59,672 mark with a loss of 40 points. National Stock Exchange index Nifty lost 56 points to trade at 17,559 mark. ITC, Britannia, HUL, Indus Ind Bank and Infosys continue to gain. On the other hand.. Adani Enterprises, UPL, Adani Ports, HDFC Life and Eicher Motors suffered huge losses.
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