India's Ashima surges on real estate project launch
06/10/2022 06:16
** Indian garment maker Ashima Ltd's ASHL.NS shares rise
as much as 16.8% to 17.40 rupees, highest since March 17
** Co launches real estate project at Agol village in
Gujarat, projecting rev of around 3.5 bln rupees (~$43 mln)
** Stock marks sharpest intraday pct gain since July 21
** ~506,000 shares traded by 0509 GMT, vs 30-day avg of
173,054
** Up to last close, stock had fallen 21% this year
($1 = 81.6050 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
((AshnaTeresa.Britto@thomsonreuters.com; (+91 8078332441))