Announced Fri, 3 Jul · 17:37 IST
Clarification on Digital Edge land sale news report
Business Updates View source PDF
LODHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.9%1-day move
₹1060.20
prior close
₹1063.95
base price
After-mkt
timing
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-1.0-0.9-1.2-0.1+3.9+5.4+13.2+15.1+13.1+9.8+13.1———
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AI summary
Lodha Developers clarified an Economic Times news item about Digital Edge buying 30 acres in Palava for a second data centre. The company stated that land transactions and development are routine activities for its real estate business, and this deal is one such regular transaction.
Likely market impact
No material impact as the company confirms this is routine business activity