Realty stock tumbles 13% after withdrawing share issue
after close1 source ↓written by the desknot a recommendation
- due to lack
- 1.47 crore shares
- a low
- ₹218.35
- ₹252.05
- market cap
- ₹3,359 cr
Shares of a real estate company fell over 13% after the board withdrew its preferential issue of 1.47 crore shares due to lack of investor interest. The stock reached a low of ₹218.35, down from ₹252.05. With a market cap of ₹3,359 cr, this withdrawal may impact investor sentiment in the sector.
Not investment advice. For informational purposes only.