India's Aditya Birla Real Estate turns positive on $350 million sale in residential project

DLF

26/03/2025 07:43

** Shares of Aditya Birla Real Estate AITE.NS rise 1.8% to 2004 rupees

** Real estate firm's unit Birla Estates records sales worth 30 billion rupees ($349.5 million) in the first phase of a luxury residential project in Gurugram

** Stock was down around 1% before the announcement

** AITE is down 21% YTD vs 16% drop in DLF DLF.NS and 29% fall in Oberoi Realty OEBO.NS

($1 = 85.8300 Indian rupees)

 (Reporitng by Nishit Navin)

 ((nishit.navin@thomsonreuters.com;))