There is a bearish atmosphere in the stock market. There is a tremendous decline in Nifty and Sensex in the recessionary environment, but there are some such stocks in this market which are still giving huge returns to investors. One such city is Mahindra Lifespace, a Mahindra Group company, which has given investors returns of up to 80 percent this year in a downturn.
After Corona, once again the demand for houses in the country is increasing, which is directly benefiting big real estate companies like Mahindra Lifespace and investors are also buying shares of these companies fiercely. are. Due to this, the share of Mahindra Lifespace climbed up to 6 per cent to Rs 439 on the BSE as soon as the market opened on Monday.
There is a constant trust of investors in this company of Mahindra Group, which can be gauged from the fact that in 2022, on one hand, Nifty and Sensex have fallen by about 11 percent, while this stock has remained steadily bullish and from this year to now. Till date it has given returns of 81 per cent to the investors.
The company says that by leveraging new technology and innovative manufacturing methods, we are able to offer something different to our customers and our ability to build motivated teams and a high performing organization with high efficiency sets us apart from other companies Which will help the company to move forward towards higher growth.
Mahindra Lifespace has developed an area of 29.9 million square feet so far. Projects are underway by the company in 6 different cities of the country. Mahindra Lifespace’s portfolio is building premium cars as well as value homes under the ‘Mahindra Happiest Brand’. Along with this, the company is also building an industrial cluster by the name of ‘Mahindra World City’.