India's Embassy Developments rises after quarterly pre-sales surge

Embassy Developments

08/07/2026 05:27

** Shares of India's Embassy Developments EMBS.NS rise 5.1% to 65 rupees
** The real estate development and construction company's first-quarter pre-sales up more than fourfold to 8.68 billion  rupees ($91.22 million)    
** Company says first-quarter collections up about 54% YoY to 4.96 billion rupees
** Stock up 10.5%, YTD 
     
($1 = 95.1500 Indian rupees)

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))