Brigade Enterprises' shares rose 3.21% to ₹1,412 after announcing a joint development agreement for a ₹1,100 crore residential project in Bengaluru, with a total development area of 12 lakh square feet and an estimated gross development value (GDV) of ₹1,100 crore. This comes after the company launched a premium residential project in Yelahanka, Bengaluru, with a revenue potential of ₹1,100 crore.
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The Indo Cotspin Ltd has delivered multibagger returns of over 150% from its 52-week low of ₹32.02 per share, indicating a significant surge in its value. This substantial increase in the stock's price translates to impressive gains for investors who held onto the stock during this period. The exact current price is not specified, but the stock has more than doubled in value.
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Wockhardt shares surged 12% to a 52-week high of ₹993.35, extending their rally to 12 days, with a total gain of over 75%. The pharma company's investigational antibiotic Zaynich showed successful use in treating a cancer patient in the US. Wockhardt had raised ₹480 crore through a qualified institutional placement for Zaynich's phase 3 trials. The stock has given multibagger returns of 118%.
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