India's Aditya Birla Real Estate rises after CCI clears acquisition of its paper & pulp business by ITC

ITC Hotels

17/12/2025 05:10

** Aditya Birla Real Estate Ltd AITE.NS rise as much as 3.6% to 1,761 rupees
** Competition Commission of India (CCI) approves acquisition of co's paper and pulp manufacturing business by ITC Ltd ITC.NS
** AITE on track to snap two weeks of losses; up 1.6% so far this week
** More than 180,000 shares traded as of 10:30 A.M. IST, close to 30-day moving avg of over 187,593 shares

** Mean rating of stock is 'strong buy'; median PT is 2,677 rupees - data compiled by LSEG
** AITE last up 3.2%, cutting YTD losses to 32.2%

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))