Announced Mon, 8 Jun, 2026 · 16:54 IST
Touchwood wins DMRC tender for property development at Mohan Estate metro station
TOUCHWOOD · 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
-1.4%1-day move
₹70.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.4-1.4-2.3+0.0+0.7+8.6-1.1-3.4-2.0-12.9
Up moveDown movePending
AI summary
Touchwood Entertainment won a Letter of Acceptance from Delhi Metro Rail Corporation (DMRC) as part of a consortium (70% Touchwood, 30% Hometown Properties) for property development on an 8,903.77 sq mtr land plot at Mohan Estate Metro Station on Line-6 of Delhi Metro. Board also approved incorporating a joint venture company named TOUCHTOWN VENTURES PRIVATE LIMITED to execute the project. Financial value of the deal was not disclosed.
Likely market impact
Opens a new property development revenue stream via DMRC tie-up, diversifying beyond the entertainment business.