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Mahindra Lifespaces buys 15-acre land in Mumbai to build Rs 5,600 cr housing project
Mahindra Lifespace Developers has secured a prime 15-acre plot in Mumbai's Kandivali East, paving the way for a massive housing project. This development is projected to generate an impressive Rs 5,600 crore in revenue and will span approximately 1.8 million square feet. The acquisition, made through a competitive bid, marks a significant expansion for the realty firm, which boasts a substantial development footprint across India.
Mahindra Lifespaces acquires 15-acre Mumbai land parcel with ₹5,600 crore GDV potential
Shares of Mahindra Lifespace Developers Ltd ended at ₹352.90, up by ₹3.00, or 0.86%, on the BSE.
Dipan Mehta sees long-term wealth creation in NSE listing, turns cautious on defence
Dipan Mehta, Director of Elixir Equities expects the upcoming NSE listing to attract strong investor interest, citing its attractive valuation relative to BSE and long-term growth potential. He stayed upbeat on power transmission stocks like GE Vernova T&D, Hitachi Energy and Siemens, citing strong order books and limited Chinese competition. He turned cautious on defence stocks after their sharp rally, warning of execution risks once geopolitical tensions ease. On Tata Motors, he backed the India business despite Jaguar Land Rover's conservative guidance rattling investors.
JLR projects revenue growth and return to profit in FY27, doubles down on US
Jaguar Land Rover anticipates a strong comeback in financial year 2027. The company projects a 13% revenue increase and a return to profitability. This recovery will be powered by a strategic emphasis on North America, its key growth market. JLR aims for £26 billion in revenue and improved Ebit margins.
JLR projects revenue growth and return to profit in FY27, doubles down on US
Jaguar Land Rover anticipates a strong comeback in financial year 2027. The company projects a 13% revenue increase and a return to profitability. This recovery will be powered by a strategic emphasis on North America, its key growth market. JLR aims for £26 billion in revenue and improved Ebit margins.
Tata Motors PV shares plunge 10% after weaker than expected JLR FY27 guidance
Tata Motors Passenger Vehicles shares dropped significantly. This followed Jaguar Land Rover's investor day where its financial outlook for fiscal year 2027 was revealed. Profitability guidance fell short of analyst expectations. JLR projects revenue growth and improved EBIT margins. North America remains a key focus for future growth. The company plans to invest in new segments and high-potential markets.
Tata Motors PV-Owned Jaguar Land Rover To Launch Five Products
The upcoming launches include Range Rover Electric, Range Rover Sport Electric and Jaguar Type 01, followed by new additions to the Range Rover and Defender brands on JLR's new Electrified Modular Architecture.
Realty developer Puravankara acquires 9.73-acre land parcel in north Bengaluru
Realty developer Puravankara has acquired a significant land parcel in North Bengaluru. The 9.73-acre plot in the Devanahalli growth corridor has a gross development value of Rs 800 crore. This move strengthens Puravankara's presence in a rapidly expanding residential market. The upcoming project will cater to homebuyers seeking well-connected locations with improving infrastructure and job opportunities.
Puravankara acquires 9.73-acre land parcel in North Bengaluru
With estimated gross development value of Rs 800 cr
Puravankara gains after acquiring 9.73-acre land parcel in North Bengaluru
Shares of Puravankara rose 2.10% to Rs 219.25 after the real estate developer announced the acquisition of a 9.73-acre land parcel in North Bengaluru.
DOMS Industries shares fall after equity worth nearly ₹1,000 crore changes hands in block deal
DOMS Industries' management has guided for a capital expenditure programme of ₹250 crore - ₹275 crore in the financial year 2027 and has indicated that the company would remain in a high capex cycle for the next three years as it develops its 45 acre manufacturing unit and newly-acquired land.
JLR pivots to flexible powertrains amid slow pace of electrification
Jaguar Land Rover is adjusting its strategy. The company will offer a mix of petrol, hybrid, and electric vehicles. This change comes after a challenging year for the luxury car maker. JLR faced trade disruptions, a cyberattack, and market weakness. The company is also strengthening its brand identities. This pragmatic approach addresses evolving luxury vehicle demand across different markets.