Mindspace Business Parks REIT (NSE:MINDSPACE)
India
· Delayed Price · Currency is INR | Market Cap | 231.20B |
| Revenue (ttm) | 25.71B |
| Net Income (ttm) | 5.08B |
| Shares Out | 609.18M |
| EPS (ttm) | 8.57 |
| PE Ratio | 44.31 |
| Forward PE | 32.35 |
| Dividend | 19.16 (5.05%) |
| Ex-Dividend Date | Jan 29, 2025 |
| Volume | 2,673 |
| Average Volume | 5,629 |
| Open | 382.50 |
| Previous Close | 380.25 |
| Day's Range | 377.32 - 382.50 |
| 52-Week Range | 331.00 - 384.99 |
| Beta | 0.12 |
| RSI | 60.93 |
| Earnings Date | Apr 30, 2025 |
About NSE:MINDSPACE
Mindspace Business Parks REIT, sponsored by K Raheja Corp group, listed on the Indian bourses in August 2020. The REIT owns quality office portfolios located in four key office markets of India, namely Mumbai Region, Pune, Hyderabad, and Chennai, and is one of the largest Grade-A office portfolios in India. The portfolio has a total leasable area of 34.7 msf comprising of 26.4 msf of completed area, 4.4 msf of area under construction and 3.9 msf of future development. The portfolio consists of 5 integrated business parks and 5 quality independe... [Read more]
Financial Performance
In 2023, NSE:MINDSPACE's revenue was 24.62 billion, an increase of 6.99% compared to the previous year's 23.02 billion. Earnings were 5.25 billion, an increase of 85.12%.
Financial StatementsNews
New constructions, consolidation key to growth strategy: Mindspace Business Parks REIT CEO
Ramesh Nair, Mindspace Business Parks REIT's CEO, discusses the company's organic and inorganic growth strategy and shares his view on the Indian government's support for the real estate investment tr...
Mindspace REIT shares drop as ADIA offloads 9.2% stake via ₹1,903 crore block deal
Shares of Mindspace Business Parks REIT fell nearly 2%% to ₹359.92 on Tuesday after Abu Dhabi Investment Authority (ADIA) sold its entire 9.2% stake through a block deal. The transaction involved 5.4 ...
Mindspace Business Parks REIT CEO sees 'all-time record' for office REITS
Ramesh Nair, CEO of Mindspace Business Parks REIT talks about enhancing shareholder returns through increasing occupancy levels, and how RBI's impending rate cuts will benefit profitability going forw...