On Thursday, the Sensex gained by 143.66 points to close at 59,832.97, while the Nifty 50 surged by 42 points to close at 17,599.15

More buyers than sellers were seen as 2,875 shares increased and 762 shares decreased on the BSE. 131 shares in total remained unchanged.

The company believes this acquisition will provide new business opportunities for the company to venture into real estate business, which will provide higher value proposition to all its stakeholders.