India, Sept. 24 -- Max Estates Limited, the developer behind the well-known WorkWell and LiveWell projects in Delhi-NCR, has been engaging in transactions of a significantly different nature. The company has entered into an agreement to enter the development market in Ghaziabad for the first time. The piece of land is located close to one of the capital's major expressways. The project will involve the largest project for the company to date, at least at the initial stage when all the necessary paperwork is completed.

Shares of Max Estates Ltd are trading at Rs. 617.65, up 2.40 percent on Thursday. The stock touched the intraday high of Rs. 652.80 after opening at Rs. 620.35 before slipping to a low of Rs. 605.30. The company commands a...