India's Autoline Industries surges; unit to transfer Pune land

Autoline Industries

25/09/2018 05:36

** Sheet metal components manufacturer Autoline Industries
Ltd  AUIN.NS  jumps as much as 13.6 pct to 74 rupees, its
highest since June 18
    ** Co's unit Autoline Industrial Parks entered https://www.bseindia.com/xml-data/corpfiling/AttachLive/905a49b8-8d5d-4a04-906b-599921900c58.pdf
 into an agreement with Poddar Housing and Development to
transfer 102.5 acres of land in Pune
    ** Financial details of the deal were not disclosed
    ** More than 386,000 shares change hands, which is about 16
times the 30-day avg
    ** Stock has shed 35.5 pct this year as of last close vs 2.3
pct loss of bigger rival Bosch Ltd  BOSH.NS 

 ((arnab.paul@thomsonreuters.com@reuters.net))