Mafatlal Industries Gains in Mumbai on Report of Plan to Sell Mumbai Land

Mafatlal Industries Ltd. rose by its daily limit of 5 percent after the Economic Times newspaper reported, citing people it didn’t identify, that the company may raise 10 billion rupees selling a seven acre plot of land in Mumbai.

To contact the reporter on this story: Hemal Savai in Mumbai at hsavai@bloomberg.net

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