** Shares of Channel Infrastructure CHI.NZ rise as much as 2.1% to NZ$1.99, their highest level since November 18, 2019, last up 1%
** The infrastructure co is expected to recognise a total revaluation gain of approximately NZ$375 million in its FY24 results
** Would increase Co Net Tangible Assets per share by about NZ$0.73
** Stock rose 31.3% in 2024
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com;))
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