Mahindra Lifespace Developers, the real estate and infrastructure development arm of Mahindra Group, witnessed a sharp rise in share price on Wednesday after it marked its foray into the Bengaluru market, by announcing the upcoming launch of its premium project, Windchimes on Banerghatta main road.

Shares of the company gained Rs 31.75, or 7.8%, to trade at Rs 439.00. The total volume of shares traded was 25,867 at the BSE (1.34 p.m., Wednesday).

Total volume of shares traded on the bourses today was higher by 840.26% to 102,458 compared with 22-day average volume of 10,897.