Nagarjuna Construction Gains in Mumbai After Stake Sale Report

April 5 (Bloomberg) -- 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.

Link to Company News:{NJCC IN <Equity> CN <GO>}

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

To contact the editor responsible for this story: Margo Towie at mtowie@bloomberg.net