Max Estates Ltd News

Max Estates zooms 7% after profit jumps 4,171% YoY in Q2FY25 results

Max Estates shares surged 7.1 per cent at Rs 586.90 per share on the BSE in Monday's intraday deals

Max Estates sells Rs 4,100 cr worth properties within 1 month in Gurugram

Realty firm Max Estates Ltd has sold residential properties worth Rs 4,100 crore in the last one month at its new project in Gurugram. Max Estates launched its first residential project in Gurugram named 'Estate 360' on August 27. "Within 30 days of the launch, Estate 360 has garnered a pre-sales booking value of around Rs 4,100 crore surpassing the guidance of around 4,000 crore provided by the company for FY'25," Max Estates said in a statement. With this successful launch, Max Estates has revised the guidance for the total Gross Development Value potential of this project to Rs 4,800 crore in FY25. The project is located at Sector 36A, Dwarka Expressway, Gurugram. The project will also have flats for seniors to be managed by Antara Senior Living with a dedicated healthcare centre open to all residents of the community. Max Estates is the real estate arm of the Max Group.

Here's why Max Estates share was buzzing in trade on September 25; details

The uptick in the share price came after the company announced that it has received Rs 391 cr from New York Life Insurance Company for strategic investments in Max Towers & Max House (Phase I & II).

Max Estates shares rise over 3% on successfully raising Rs 800 cr from QIBs

Max Estates share price moved up after the company on Tuesday announced that it has successfully raised Rs 800 crore allotting equity shares to 25 qualified institutional buyers (QIBs)

Max Estates share price rises 4% on plans to raise Rs 150 cr; know more

Shares of Max Estates rallied 4.28 per cent at Rs 694.45 a piece on the BSE in Thursday's intraday deals