Rane (Madras) Shares Surge 13.4% on Land Sale Deal

  Published 11 months ago

Rane (Madras) shares rise 13.4% as the company sells 3.48 acres in Chennai to Canopy Living LLP, boosting YTD gains to ~19%.

  • Shares hit 1,023 rupees, the highest intraday gain since August 2024.
  • Land sale to Canopy Living LLP, a joint venture between Arihant Foundations & Housing and Prestige Estates.
  • Trading volume spikes to 317,389 shares, 17.7x 30-day average.

You might like these

Kothari Digital: New Tamil Website Launches

Shilpa Medicare Gets SFDA Nod

India Steel Imports Decline in April

Syngene Passes Inspection with Zero Observations

Reliance Q2 FY26 Growth Highlights

Indian Pharma Stocks Surge on US Price Order

RBI Absorbs ₹46,058 Cr via 3-Day VRRR

News that matters the most ⚡