India, Oct. 5 -- The shares of this small cap company majorly engaged in the business of development of the real estate, residential facilities, commercial complexes, were in focus after the company saw stable customer demand.

With the market capitalization of Rs. 7,469 Crores, the shares of Mahindra Lifespace Developers Ltd were trading at around Rs. 350 per share which is 18 percent discount from its 52 week high of Rs. 428 per share and is trading at a P/E of 24 whereas industry P/E stands at 24.2.

Strong Residential Traction Despite a Volatile Quarter

The Mahindra Lifespaces Residential business got off to a strong start in FY27 despite the impact of geopolitical uncertainties on the quarter. According to the management, "April is...