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An announcement from Hubtown Limited ( (IN:HUBTOWN) ) is now available.
Hubtown Limited has increased its stake in its subsidiary, Rare Townships Private Limited (RTPL), from 67.53% to 72.91% by subscribing to a rights issue. This move strengthens Hubtown’s position in the real estate market and enhances its control over RTPL, which is also engaged in the development of residential and commercial properties.
More about Hubtown Limited
Hubtown Limited operates in the real estate industry, focusing on the construction and development of residential and commercial premises.
YTD Price Performance: -11.13%
Average Trading Volume: 15,862
Current Market Cap: 30.77B INR
For a thorough assessment of HUBTOWN stock, go to TipRanks’ Stock Analysis page.