Ansal Properties Gains in Mumbai on Report it May Raise 4 Billion Rupees

Ansal Properties & Infrastructure Ltd. gained as much as 1 percent in Mumbai trading after the Press Trust of India reported, without saying where it got the information, that the developer may raise as much as 4 billion rupees through a placement of shares with institutional investors.

Calls to the office of Vice Chairman Pranav Ansal weren’t answered immediately.

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