Apparel and textiles company Arvind has surged 123.04% in the last one year. Today, the stock rose 4.74% or Rs 3.35 to close at Rs 74.05 on the BSE. The company has formed a 50-50 joint venture with Tata Housing Development Company to develop an integrated township project in Ahmedabad. The financial terms of the deal were not disclosed by the two parties.
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