Clariant Chemicals gains over 12% on receipt of full payment 01/01/2015

Clariant Chemicals gains over 12% on receipt of full payment
01/01/2015 12:09
Shares of Clariant Chemicals rose over 12 per cent in early trade on Bombay Stock Exchange (BSE) after the company announced that it has received full and final payment for its Thane land. The Company has received an aggregate consideration of Rs. 1,102.50 crore in full & final payment in connection with its agreement to sell its land located in Kolshet, Thane aggregating to about 87 acres to M/s. Ishwer Realty and Technologies Private Limited (a subsidiary of Lodha Developers Private Limited)
The shares of company rose 12.23 per cent to trade at Rs 972.50 a piece on the BSE.
Similarly, shares of the company rose 11.91 per cent to Rs 970.30 a piece on National Stock Exchange.
Meanwhile, the broader benchmark Sensex was quoting at 27,472.12, down 27.30 points or 0.10 per cent at 11.27 hours.