Mahindra Lifespace Developers has formed long bullish candlestick pattern on the daily timeframe with robust volumes and making higher tops, higher bottoms for second straight session. The stock climbed 8.3 percent to Rs 440, the highest closing level since October 12 last year.
Sharekhan is bullish on Mahindra Lifespace Developers has recommended buy rating on the stock with a target price of Rs 500 in its research report dated April 26, 2023.
ICICI Direct is bullish on Mahindra Lifespace Developers recommended buy rating on the stock with a target price of Rs 470 in its research report dated April 26, 2023.
Subramanian will continue to hold the charge till May 22, 2023. Subsequently, he would be succeeded by Amit Kumar Sinha, senior managerial personnel of the Mahindra Group.
Sharekhan is bullish on Mahindra Lifespace Developers has recommended buy rating on the stock with a target price of Rs 600 in its research report dated February 03, 2023.
The stock had rallied more than 14 percent in previous two consecutive sessions, forming large bullish candlestick patterns on both days after reporting healthy quarterly earnings.
In the near term, the index is expected to take support at 17,600, which has been holding quite well on every closing in the past six consecutive sessions, with resistance at the 18,000-18,250 zone
On February 3, Supreme Industries gained over 3 percent to close at a record high of Rs 2,630, Mahindra Lifespace Developers gained 9 percent to Rs 380 and AAVAS Financiers was up more than 7 percent at Rs 2,000
The developer reported a consolidated profit of Rs 34.1 crore against a loss of Rs 7.51 crore in the previous quarter. The profit was up 37.2 percent from the year-ago period
The project will offer Mahindra Lifespaces a revenue potential of around Rs 500 crore.
Sharekhan is bullish on Mahindra Lifespace Developers has recommended buy rating on the stock with a target price of Rs 600 in its research report dated November 28, 2022.
ICICI Direct is bullish on Mahindra Lifespace Developers recommended buy rating on the stock with a target price of Rs 475 in its research report dated November 06, 2022.
Sharekhan is bullish on Mahindra Lifespace Developers has recommended buy rating on the stock with a target price of Rs 600 in its research report dated November 04, 2022.
The consolidated total income stood at Rs 73.8 crore in the second quarter of this fiscal year as against Rs 65.7 crore in the corresponding quarter of the previous year.
Motilal Oswal is bullish on Mahindra Lifespace Developers recommended buy rating on the stock with a target price of Rs 550 in its research report dated October 10, 2022.
Nifty Realty index gained 2 percent as companies announce new projects, strong business momentum and favourable growth outlook
Sharekhan is bullish on Mahindra Lifespace Developers has recommended buy rating on the stock with a target price of Rs 640 in its research report dated September 08, 2022.
Mumbai-based Mahindra Lifespace had achieved sales bookings of Rs 1,028 crore in the last financial year.
Sharekhan is bullish on Mahindra Lifespace Developers has recommended buy rating on the stock with a target price of Rs 485 in its research report dated July 28, 2022.