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FinancialsSpeculativeSmall CapMomentum Trap

India's Tarc rises on luxury housing project launch

** Shares of Tarc  TART.NS  rise as much as 6.3% to 435.35
rupees; last up 1.6%
    ** Real estate co launches its luxury group housing
development in Gurugram
    ** TART up 1.3% so far this week, set for third straight
week of gains
    ** Stock up ~77% so far this year, had more than tripled in
2023
    ** Year to date, rivals Sunteck Realty  SUNT.NS  and
Mahindra Lifespace Developers  MALD.NS  up ~29% and ~1%,
respectively

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))

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