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The 40-acre development will comprise apartments, townhouses and a boutique luxury hotel, with HoABL expected to invest around ₹1,000 crore
Nitco shares have bounced 21.49 per cent from their 52-week low of ₹78.11 per share touched last month on December 9, 2025, on the NSE
Nitco stock rose as much as 2.89 per cent after winning orders worth ₹19.44 crore from Prestige Estates and Lodha Group
The uptick in Nitco share price came after the company announced that it has secured an order Rs 105.40 crore from Prestige Estates Projects
Nitco has settled all its dues with LIC and also entered into a memorandum of intent of settlement with Authum Investment and Infrastructure
Tiles maker Nitco on Monday said that it would open around a dozen new stores in various states to expand its retail footprint, as real estate and construction will pick up in the coming months.
Deal size likely to be Rs 2,000 crore
In past one-week, the stock rallied nearly 50% from Rs 40.25 to Rs 60.15, as compared to 1.8% fall in Sensex.