India's Ajmera Realty surges on selection to redevelop Mumbai housing society

Ajmera Realty & Infra India

17/10/2023 06:41

** Shares of Ajmera Realty & Infra India  AJME.NS  rise as
much as 5.71% to 433 rupees apiece
    ** Uptick after the real estate company was selected as a
developer to redevelop a housing society in Versova, Mumbai
    ** Re-development of the Mumbai housing society to likely
generate sales of 3.60 bln rupees - AJME
    ** Trading volume is 297,121 shares as of 11:02 a.m. IST,
1.4x the 30-day avg - LSEG data
    ** Including today's gains, AJME up 38% in 2023 so far
    

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))