Shares of Sri Lotus Developers and Realty jumped 3% to hit a fresh 52-week high on Friday after a Capital Group fund picked up nearly 2% stake in the real estate developer, boosting investor sentiment. 90 apiece, taking the total worth of his stake sale to more than Rs 195 crore.

87%, the company said. “The recent promoter transaction also represents a step towards broadening the public shareholding base,” it added..

28 crore shares, drew strong interest from all categories of investors, closing with an overall subscription of more than 74 times. 49 apiece, before beginning to sharply decline.

The stock more than halved in less than eight months to hit a lifetime low of Rs 102 apiece in March this year. The stock has more than doubled since then to trade at Rs 215 apiece today.

78 crore reported in the year-ago period. 09 crore in the corresponding period of the previous financial year..

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