India's Indiqube soars on 540-million-rupee lease deal

Indiqube Spaces

20/03/2026 05:27

** Co-working and workspace solutions firm Indiqube Spaces' IDIQ.NS shares rise about 4% after a 17% surge to 172 rupees

** Co says it signed a workspace leasing agreement with a global capability centre client in Pune; does not name client

** Client has taken up 1,140 seats at IndiQube Orchid for 540 million rupees over a five-year tenure - IDIQ

** More than 110,000 shares traded so far, 2x their 30-day avg

** YTD, IDIQ down about 27%

(Reporting by Urvi Dugar in Bengaluru)

((UrviManoj.Dugar@thomsonreuters.com;))