Golden Tobacco to sell Mumbai land; stock up

MUMBAI: Golden Tobacco is set to sign an agreement with Sheth Developers and Suraksha Realty for the joint development and or sale of plots of land owned by the company admeasuring about 31128.48 square meters at Vile Parle, Mumbai.

The stock was at Rs 86, up 7.50 per cent on the NSE. It touched a high of Rs 91.50 and low of Rs 80.10 in trade so far. Around 1.76 lakh shares were traded in the counter.