MAHINDRA LIFESPACE Share Price Up by 5%; BSE REALTY Index Up 0.3%
February 3, 2021 10:51 AM

MAHINDRA LIFESPACE share price has zoomed 5% and is presently trading at Rs 414.

Meanwhile, the BSE REALTY Index is at 2,720 (up 0.3%).

Among the top Gainers in the BSE REALTY Index today is MAHINDRA LIFESPACE (up 5.3%).

SOBHA and GODREJ PROPERTIES (down 0.1%) are among the top losers today.

Over the last one year, MAHINDRA LIFESPACE has moved up from Rs 406 to Rs 414, registering a gain of Rs 8 (up 2.0%).

On the other hand, the BSE REALTY has moved up from 2,329 to 2,720, registering a gain of 391 points (up 15.2%) during the last 12 months.

The top buzzing stocks among the BSE REALTY Index stocks during this same period were GODREJ PROPERTIES (up 41.3%), DLF (up 27.5%) and SOBHA (up 10.6%).

What About the Benchmark Indices?

The BSE Sensex is at 50,322 (up 1.0%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 7.6%), M&M (up 4.1%) and POWER GRID (up 4.1%). Other gainers include SUN PHARMA (up 3.7%) and TECH MAHINDRA (up 2.9%). The most traded stocks in the BSE Sensex are SBI and ONGC.

In the meantime, NSE Nifty is at 14,811 (up 1.0%). The top gainers in the NSE Nifty include INDUSIND BANK (up 7.4%), CIPLA (up 4.8%) and POWER GRID (up 4.6%). Other gainers include M&M (up 4.1%) and DR. REDDYS LAB (up 3.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 39,736 to 50,322, registering a gain of 10,586 points (up 26.57%).

MAHINDRA LIFESPACE Financial Update...

MAHINDRA LIFESPACE net profit declined 2.2% YoY to Rs 203 million for the quarter ended December 2020, compared to a loss of Rs 207 million a year ago. Net Sales declined 17.3% to Rs 652.0 million during the period as against Rs 788.0 million in October-December 2019.

For the year ended March 2019, MAHINDRA LIFESPACE reported 21.5% decrease in net profit to Rs 460.0 million compared to net profit of Rs 586.0 million during FY18.

Revenue of the company grew 4.7% to Rs 6 billion during FY19.

The current Price to earnings ratio of MAHINDRA LIFESPACE , based on rolling 12 month earnings, stands at down 9.4x.