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TGB Banquets soars 20% ahead of board meet

The board will meet on September 29, to consider the various proposals received for purchase of the Surat property of the company

TGB Banquets soars 20% ahead of board meet
SI Reporter Mumbai
Last Updated : Sep 28 2015 | 1:50 PM IST
TGB Banquets and Hotels has locked in upper circuit of 20% at Rs 81 on the National Stock Exchange (NSE) ahead of board meeting tomorrow, September 29, 2015 to discuss and consider the various proposals received for purchase of the Surat property of the company.

Operating as the Grand Bhagwati, TGB Banquets owns & manages luxury hotels in Surat, Ahmedabad & Rajkot and budget hotels in Nadiad and Ahmdebad.

The trading volumes on the counter jumped more than five-fold with a combined 286,646 shares changed hands. There were pending buy orders for 49,222 shares on the NSE and BSE at 13:41 p.m.
 

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First Published: Sep 28 2015 | 1:47 PM IST

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