Realty Stock Jumps 6% After Shareholders Approve Key Merger Plans
Bengaluru, June 23 -- The shares of this company which execute and develop commercial and residential real estate projects on its own and through subsidiaries, joint ventures, and associate companies are in the spotlight after it rose by 6 per cent in today's session following shareholders' and creditors' approval of mergers of Saicharan Consultancy and 25 West Realty.
With a market capitalisation of Rs. 2,920 cr, the shares of Hubtown Ltd were trading at Rs. 205.70 per share, jumping 6% in today's market session, making a high of Rs. 212, up from its previous close of Rs. 200.90 per share.
What's the News
Hubtown Ltd has announced that its equity shareholders and unsecured creditors have approved two key schemes of arrangement involvi...
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