Mandhana Industries Surges On Listing Of Mandhana Retail Ventures

Mandhana Industries too locked in upper circuit of 20% at Rs 41.55 on the BSE
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Shares of Mandhana Industries rallied as much as 18 per cent to hit an intraday high of Rs 36.30 after its retail arm Mandhana Retail Ventures, which has rights to sell Salman Khan's Being Human Foundation products, got listed on the stock exchanges earlier in the day.
Including today's gains Mandhana Industries has surged 42 per cent in last two trading sessions.
In August, the company entered into an agreement with actor Salman Khan's Being Human Foundation to sell products under the trademark of 'Being Human' brand.
"Shares of The Mandhana Retail Ventures Ltd are listed and admitted to dealings on the exchange in the list of 'T' Group Securities," Bombay Stock Exchange said in a statement.
On listing, Mandhana Retail Ventures shares were locked in upper circuit of 5 per cent at Rs 226.80.
Shares of Mandhana Industries ended 13 per cent higher at Rs 34.65. Read More

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