India's Awfis Space jumps on divestment deal

Awfis Space Solutions

10/09/2024 10:54

** Shares of India's Awfis Space Solutions  AWFI.NS  up 4.5%
to 791 rupees
    ** AWFI, which caters to flexible workspace needs, divested
its facility management business for 275 mln rupees ($3.28
million)
    ** Deal to focus on core business, expand in flexible
workspace market, increase liquidity - AWFI  
    ** YTD stock has surged ~88% since end-May listing 


($1 = 83.9490 Indian rupees)

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