Mahindra Homes, a Mahindra Group subsidiary, was directed by the NCLT to notify homebuyers about its proposed capital reduction. This involves canceling a portion of equity shares held by Actis and Mahindra Lifespace Developers. The NCLT recognized homebuyers with pending possession as creditors in line with current financial standards. The next hearing is scheduled for October 30.

NCLT asks Mahindra Homes to notify homebuyers in the share capital reduction case

Mahindra Lifespace Developers reports consolidated net profit of Rs 12.72 crore in the June 2024 quarter

Mahindra Lifespace Q1: In-Line Set Of Gains, Management On Track To Attain FY28 Pre-Sales Guidance?

Realty firm Mahindra Lifespace Developers Ltd on Wednesday reported a consolidated net profit of Rs 12.74 crore for the June quarter. The company posted a net loss of Rs 4.27 crore in the year-ago period.

Mahindra Lifespace Developers Q1 Results: PAT at Rs 12.74 crore

Realty firm Mahindra Lifespace Developers Ltd on Wednesday reported a consolidated net profit of Rs 12.74 crore for the June quarter.

Mahindra Lifespace Q1 results: PAT at Rs 13 cr, total income at Rs 207 cr

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Stock Alert: Bajaj Finance, Hindustan Unilever, Torrent Pharma, Schaeffler India, ICICI Securities,

Pursuant to the application filed by Mahindra World City Developers (MWCDL), a subsidiary of Mahindra Lifespace Developers (Company) and the developer of the Multi sector SEZ at Mahindra World City, Chengalpattu, Tamil Nadu, the Ministry of Commerce and Industry (Department of Commerce - SEZ Section…

Corporate

Mahindra Life announces grant of partial denotification of notified area at Mahindra World City SEZ, Chengalpattu

Shares of Mahindra Lifespace Developers zoomed 6.1 per cent at 647.70 per share on the BSE in Friday’s intraday trade

Mahindra Lifespace shares rally up to 6% on bagging deals worth Rs 2,050 cr

With estimated gross development value of Rs 250 crore

Mahindra Lifespace Developers acquires 2.37 land for development in South Bengaluru

With estimated gross development value of Rs 1,800 cr

Mahindra Lifespace Developers to undertake redevelopment project in Borivali, Mumbai

In a regulatory filing, the company informed about the ‘closure of two deals aggregating to Rs 2,050 crore in Gross Development Value’

Realty co Mahindra Lifespace eyes Rs 2,050 cr revenue from 2 new projects

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Mahindra Lifespace Developers Limited is a real estate development company. The Company is engaged in the development of residential projects and large format developments, such as integrated cities and industrial clusters.