India's Kolte-Patil up after Blackstone's stake buy gets CCI nod

Kolte-Patil Developers

11/06/2025 05:33

** Shares of India's Kolte-Patil Developers KOLT.NS rise 2.3%, set for first session of gains in three

** Competition Commission of India (CCI) approves Blackstone's BX.N 40% stake buy deal in co, KOLT and CCI said in separate statements

** Avg rating of four analysts tracking the stock is "strong buy"; median TP 520 rupees - data compiled by LSEG

** YTD stock up 31%

(Reporting by Hritam Mukherjee in Bengaluru)

((Hritam.Mukherjee@thomsonreuters.com;))