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Suraj Estate resolves dispute, unlocks ₹575 crore in development

Suraj Estate resolves dispute, unlocks ₹575 crore in development
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Indiabulls RE, Embassy merger delay unsettling stakeholders: Jitendra Virwani

IBREL recently raised more than Rs 3,911 crore through a preferential allotment to a diverse group of investors, including Embassy Group and Blackstone. Embassy Group will be the largest shareholder in IBREL, with 18.7% ownership on a fully diluted basis.

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Prestige Estates shares rise over 3% on acquisition of a 21-acre land parcel in Bengaluru

As per Trendlyne data, the average target price of the stock is Rs 1,244, which shows a downside of 4% from the current market prices. The consensus recommendation from 16 analysts for the stock is a Buy .

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