Goldman Sachs held 22,97,645 shares representing 1.48% fairness within the firm as on December 31, 2024.
Mahindra Lifespace inventory witnessed one other block deal whereby Graviton Analysis Capital LLP bought 10.77 lakh shares price Rs 36.38 crore. The shares had been bought at worth of Rs 337.5 apiece.
Shares of Mahindra Lifespace Builders ended at present’s session at Rs 327.30 on the BSE, gaining by Rs 15.65 or 5.02% over the Tuesday closing worth.
The promoting comes amid a chronic underperformance seen within the counter. The inventory has gone down by 40% up to now 12 months whereas declining 29% in 2025, to date. Alternatively, Sensex has gained by 5% up to now 1 12 months whereas reporting a 4% loss in 2025 on the year-to-date foundation.
The inventory has slipped under its 50-day and 200-day easy transferring averages (SMAs) of Rs 371 and Rs 500, respectively in line with Trendline knowledge.Mahindra Lifespace Builders reported a consolidated lack of Rs 22.5 crore within the December ended quarter versus a internet revenue of Rs 50 crore within the 12 months in the past interval. Nonetheless, the consolidated income grew to Rs 185.8 crore in Q3FY25 versus Rs 88.8 crore within the corresponding quarter of the earlier monetary 12 months. This interprets right into a 109% YoY leap. Mahindra Lifespace Builders is an actual property firm of the Mahindra Group. It boasts of 53 residential tasks in 9 cities in India with 21.14 million sq. toes of accomplished residential growth whereas 16.19 million sq. toes of ongoing and forthcoming residential growth.
(Disclaimer: Suggestions, strategies, views and opinions given by the consultants are their very own. These don’t symbolize the views of Financial Instances)
