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.
Also read: Arvind, Tata Housing in pact for Ahmedabad project Meanwhile, the companyDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
