India's TARC gains after selling 50% of new residential project

Tarc

27/11/2024 08:01

** Shares of TARC Ltd  TART.NS  rise 2.6% to 211 rupees
    ** Real estate developer sells 50% of its luxury residential
 project TARC ISHVA, worth 13.5 bln rupees ($159.94 mln), after
its launch in Sept. 2024
    ** Co confident of selling out the balance of the inventory
soon
    ** More than 836,000 shares traded, 2x its 30-day avg
    ** Stock up 52% YTD


($1 = 84.4060 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))