Hotel Leela Venture has surged 6% to Rs 25 on BSE after the company issued a clarification on the media news item.
Hotel Leela Venture stated in the clarification with regard to news item titled "UK's Carnival Group offers Rs 850 crore to buy Leela Chennai" that the senior management of the company will continue to evaluate ways to raise funds/equity by different available options and has been approached by potential Investors. Hotel Leela Venture addded that as soon as any discussion reaches a mature stage and binding agreement signed, the stock exchanges will be notified.
Hotel Leela Venture reported a net loss of Rs 175 crore in current fiscal quarter (June) which was higher than net loss of Rs 149 crore posted in the corresponding period last year.
Shares of Hotel Leela Venture have opened at Rs 24, touched a high of Rs 26 and a low of Rs 24 on the BSE. A total of 312,874 shares have been exchanged on the BSE so far.
