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Emami Infra join hands with Sheth Corp; stock witnesses sharp surge

Emami Infra join hands with Sheth Corp; stock witnesses sharp surge

Wednesday, March 22, 2017, 4:05 PM

Emami Infrastructure Limited has reached upper circuit at Rs 75.1 per share and got locked in there. The stock opened flat at Rs 62.90 per share but witnessed a sharp rally in the afternoon as the company announced in its press release that the Emami Group has joined hands with Sheth Corp for 50% partnership in their flagship project “Montana” in Mulund, Mumbai.
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