India's Suraj Estate Developers gains after Mumbai land purchase

Suraj Estate Developers

19/12/2025 09:55

** Shares of Suraj Estate Developers SRAE.NS rise 3% to 238.2 rupees

** Real estate firm buys two land parcels totalling 2,666.4 sq. mtrs. in Mumbai's Bandra

** Co says acquisition will bolster its foray into launch of new projects in Bandra

** Over 805,000 shares traded so far, more than 5x 30-day avg

** Stock down 61.3% YTD

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))