India's Aurum Proptech soars 14% on NestAway Tech acquisition

Aurum Proptech

02/06/2023 08:49

** Shares of India-based software co Aurum Proptech Ltd
 AURP.NS  surges as much as 14.3% to 134.30 rupees - highest
since Dec. 5, 2022
    ** Shares extend gain for a fourth straight session, post
sharpest intraday gain since April 20
    ** AURP said it has approved acquisition of NestAway
Technologies for 900 mln rupees ($10.93 million)
    ** More than 752,097 shares changed hands by 12:45 p.m. IST,
8.6 times of 30-day average of 87,534 shares
    ** Stock sees heaviest trading day since April 13, 2022
    ** YTD stock had risen 2.57% 
    
($1 = 82.3049 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))