Nagarjuna Construction Climbs in Mumbai on Report Company to Sell Stake

Nagarjuna Construction Co., an Indian road builder and real estate developer, gained as much as 3.4 percent in Mumbai and traded at 172.05 rupees as of 10:28 a.m. local time after Mint newspaper reported it may sell stake in a holding company. Managing Director A.A.V. Ranga Raju couldn't immediately be reached for comment on the report.

To contact the reporter on this story: Rajhkumar K Shaaw in Mumbai at rshaaw@bloomberg.net

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