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

  Published 1 year 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

GST 2.0 Simplifies Taxes, MASCRADE 2025 Insights

IOB Q1 Profit Doubles, NPA Falls

Saregama Enters Haryanvi Music

SEBI Flags Derivatives Risks

Max Estates Expands in Gurugram

Cigarette Stocks Fall Amid GST Overhaul

RBI: Currency Circulation Down 0.3%

News that matters the most ⚡