India's Shriram Properties rises after land parcel buy
03/05/2024 08:19
** Shares of India's Shriram Properties SRIP.NS up 3%,
cooling-off session high jump of 4.13%
** Co said it bought land parcel in Bengaluru, targets
project launch in current fiscal
** Project has rev potential of over 2.5 bln rupees (roughly
$30 million), co said
** Co set to snap five-session losing run, if trends hold
** YTD stock up ~2% after a 63% jump in 2023
($1 = 83.3809 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
((Hritam.Mukherjee@thomsonreuters.com;))
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