India's Shriram Properties rises on $63.4 million housing project deal
15/06/2026 06:54
BUZZ-India's Shriram Properties rises on $63.4 million housing project deal ** Shares of India's Shriram Properties SRIP.NS rise as much as 5.23% to 90.47 rupees, last up 3.73%
** Real estate developer says it signed a joint development agreement for a 9.1-acre residential project in Bengaluru with
** Co says estimated gross development value of project is more than 6 billion rupees ($63.45 million)
** Adds that the project strengthens co's Bengaluru development pipeline and supports asset-light expansion strategy in high-growth micro-markets
** YTD stock up 4.7%
($1 = 94.5600 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
Recent news on Shriram Properties
See all newsBrief: Shriram Properties June-Quarter Consol Net Profit 110.4 Million Rupees
Brief: Shriram Properties Signs Jda For 9.1 Acres In North-East Bengaluru
India's Shriram Properties rises on $63.4 million housing project deal
Brief: Shriram Properties March-Quarter Consol Net Profit 785.2 Million Rupees
Brief: Shriram Properties Says Deputy CFO Rajesh Yashwant Shirwatkar Resigns