Mindspace Business Parks REIT Share Price (MINDSPACE)
₹342.97
Mindspace Business Parks REIT share Performance
- ₹338.3₹347₹342.97
1.36%
Low
Day's Volatility:2.54%
High
1.18%
- ₹296₹365₹342.97
13.70%
Low
52 Weeks Volatility:20.12%
High
6.42%
| Returns % | |
| 1 Month Return | 0.08 % |
| 3 Month Return | 4.28 % |
| 1 Year Return | 8.99 % |
| Market Stats | |
| Previous Close | ₹344.85 |
| Open | ₹347.00 |
| Volume | 2.03L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹20,450.23Cr |
Analyst Rating for Mindspace Business Parks REIT stock
based on 14 analysts
Based on 14 analysts offering long term price targets for Mindspace Business Parks REIT. An average target of ₹370.14
Source: S&P Global Market Intelligence
Company Information
The company's top products include office spaces, retail spaces, and hotel spaces. It also offers a range of services such as leasing, property management, and asset management. Mindspace Business Parks REIT is known for its popular brands such as Mindspace, Mindspace Signature, and Mindspace Express.
Share Price: ₹342.97 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹20,450.23Cr as of today
Revenue: ₹608.00Cr as on December 2023 (Q4 23)
Net Profit: ₹146.80Cr as on December 2023 (Q4 23)
Listing date: 07 Aug, 2020
Chairperson Name: Deepak Ghaisas
| Organisation | Mindspace Business Parks REIT |
| Headquarters | |
| Industry | Real Estate Investment Trusts |
| E-voting on shares | Click here to vote |
Key events for Mindspace Business Parks REIT
Mindspace Business Parks REIT CEO Highlights Positive Outlook for India Office Market - 05 Apr, 2024
During the January 2024 analyst call, Mindspace Business Parks REIT's CEO highlighted a positive outlook for its India office market due to increased physical attendance and slowdown in churn from IT companies. The board approved acquiring new spaces and initiating divestment process for underperforming assets.
Mindspace REIT Sees Opportunity in GCCs, IRA Hopes for RBI Support - 20 Mar, 2024
Mindspace Business Parks REIT's CEO sees potential in Global Capability Centres while Indian REITs Association awaits RBI approval to borrow from banks.
Fundamentals of Mindspace Business Parks REIT
Insights on Mindspace Business Parks REIT
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, MINDSPACE has outperformed top 5 stocks with highest market-cap in Commercial REITs
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 14.08% to 14.13% in Dec 2023 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, MINDSPACE stock has moved up by 16.6%
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, MINDSPACE has outperformed top 5 stocks with highest market-cap in Commercial REITs
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 63.48% of holdings in Dec 2023 quarter
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 640.3 Cr → 610.8 Cr (in ₹), with an average decrease of 4.6% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 19.71% to 0.00% in Dec 2023 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 141.2 Cr → 137.8 Cr (in ₹), with an average decrease of 2.4% per quarter
Mindspace Business Parks REIT Valuation
Mindspace Business Parks REIT in the last 5 years
Lowest (34.95x)
May 31, 2021
Industry (31.45x)
April 16, 2024
Today (54.22x)
April 16, 2024
Highest (68.43x)
March 31, 2023
Mutual Fund Holdings
| Funds | Holdings |
 ICICI Prudential Credit Risk Fund Direct Plan Growth | 0.75% |
 Nippon India Balanced Advantage Fund Direct Growth Plan | 0.67% |
| ICICI Prudential Balanced Advantage Fund Direct Plan Growth | 0.09% |
 Parag Parikh Conservative Hybrid Fund Direct Growth | 0.9% |
 360 ONE Dynamic Bond Fund Direct Growth | 0.72% |
Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 63.48% | 0.00 | |
| Foreign Institutions | 0% | ||
| Mutual Funds | 0.58% | 0.00 | |
| Retail Investors | 14.13% | 0.31 | |
| Others | 21.81% | 919.16 |
Technicals of Mindspace Business Parks REIT share
News & Events of Mindspace Business Parks REIT
Frequently Asked Questions
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Mindspace Business Parks REIT (MINDSPACE) share price today is ₹342.97
Mindspace Business Parks REIT is listed on NSE
Mindspace Business Parks REIT is listed on BSE
- Today’s highest price of Mindspace Business Parks REIT is ₹347.
- Today’s lowest price of Mindspace Business Parks REIT is ₹338.3.
PE Ratio of Mindspace Business Parks REIT is 54.22
PE ratio = Mindspace Business Parks REIT Market price per share / Mindspace Business Parks REIT Earnings per share
Today’s traded volume of Mindspace Business Parks REIT(MINDSPACE) is 2.03L.
Today’s market capitalisation of Mindspace Business Parks REIT(MINDSPACE) is ₹20450.23Cr.
| Mindspace Business Parks REIT(MINDSPACE | Price |
|---|---|
52 Week High | ₹365 |
52 Week Low | ₹296 |
Mindspace Business Parks REIT(MINDSPACE) share price is ₹342.97. It is down -6.04% from its 52 Week High price of ₹365
Mindspace Business Parks REIT(MINDSPACE) share price is ₹342.97. It is up 15.87% from its 52 Week Low price of ₹296
| Mindspace Business Parks REIT(MINDSPACE | Returns |
|---|---|
1 Day Returns | -1.88% |
1 Month Returns | 0.08% |
3 Month Returns | 4.28% |
1 Year Returns | 8.99% |