India's Pioneer Embroideries rises on approving Naroli assets sale
08/04/2025 09:07
** Pioneer Embroideries PIOE.NS rises 4.2%, among broad market .NSEI rebound after 5.65% drop on Monday ** Textile products maker gains on approving sale of land and building in Naroli for 70.2 mln rupees ($816,668.41) ** Sales proceeds will be used for debt reduction ** PIOE down ~31% YTD ($1 = 85.9590 Indian rupees) (Reporting by Vijay Malkar) ((VijayDattaram.Malkar@thomsonreuters.com;))
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