India's TARC up after securing debt refinancing

Tarc

01/10/2024 09:27

** Shares of TARC Ltd  TART.NS  rise as much as 2% to 255.75
rupees
    ** Real estate co says it secured debt refinancing of 10 bln
rupees ($119.3 mln), triggering substantial finance cost
reduction
    ** Stock on track to snap three days of losses
    ** More than 157,000 shares traded as of 1:50 p.m. IST,
slowest day yet since May 15
    ** TART last up 1%, adding to YTD gains of 86.3% YTD so far


($1 = 83.8150 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))