Buy Mahindra Lifespace Developers, target price Rs 622: HDFC Securities
Mahindra Lifespace Developers with a target price of Rs 622. The current market price of Mahindra Lifespace Developers Ltd.
is Rs 488.05. Mahindra Lifespace Developers Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 7653.74 Crore) operating in Real Estate sector.
Mahindra Lifespace Developers Ltd. key Products/Revenue Segments include Income from Project Development, Income from Sale of Commercial Flats, Shops & Plots and Project Management Fees for the year ending 31-Mar-2023.
Financials For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 25.70 Crore, down -76.65 % from last quarter Total Income of Rs 110.05 Crore and down -65.19 % from last year same quarter Total Income of Rs 73.82 Crore. Company reported net profit after tax of Rs -19.50 Crore in latest quarter.
