TTK Prestige surges on settlement with workers' union

The new settlement provides for a superior productivity as compared to the earlier settlements

Shares of TTK Prestige were up over 4% at Rs 3,898 after the company in a release to the exchange that a long-term settlement has been signed with the Workers' Union at the company's Hosur facility in the State of Tamil Nadu.

This settlement provides for a superior productivity as compared to the earlier settlements, the release added.

The share opened at Rs 3,800 and touched a high of Rs 3,965. At 2:40PM, over 7,500 shares were traded on both the stock exchanges.