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Hubtown Limited ( (IN:HUBTOWN) ) has provided an update.
Hubtown Limited has announced the withdrawal of its proposed preferential issue of up to 1,46,80,249 equity shares due to investor reluctance amid current market uncertainties and volatility. The company assures stakeholders that this decision will not materially impact its business operations or financial stability and may consider alternative capital-raising options in the future.
More about Hubtown Limited
Hubtown Limited operates in the real estate industry, focusing on the development of residential and commercial properties. The company is known for its projects in urban areas, catering to a diverse market segment.
Average Trading Volume: 40,391
Technical Sentiment Signal: Buy
Current Market Cap: 39.92B INR
See more data about HUBTOWN stock on TipRanks’ Stock Analysis page.