2 Min Read Nitco shares jumped as much as 13.5% on Tuesday morning, August 25, after its wholly-owned subsidiary, Nitco Realties Private Limited, agreed to jointly develop its land parcels in Alibaug with HOABL Impactum Land Private Limited, part of the House of Abhinandan Lodha group. The Memorandum of Understanding (MOU), signed on August 24, covers land in the Thal and Lonare villages of Alibaug Taluka in Raigad district, Maharashtra.
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