Gujral told CNBC-TV18, "All of the realty stocks corrected quite a bit. Mahindra Lifespace Developers started moving sideways for the last few days and yesterday fresh breakout. We buy this with a stoploss of about Rs 465; target here could be Rs 533."
The company touched its 52 week high Rs 543.40 and 52 week low Rs 240.00 on 08 Apr, 2010 and 13 Jul, 2009, respectively. Currently, it is trading -11.49% below its 52-week high and 100.4% above its 52-week low. Market capitalisation stands at Rs 1,963.92 crore.
