BUZZ-India's Kolte-Patil up after Blackstone's stake buy gets CCI nod

Reuters
06-11
BUZZ-India's Kolte-Patil up after Blackstone's stake buy gets CCI nod

** Shares of India's Kolte-Patil Developers KOLT.NS rise 2.3%, set for first session of gains in three

** Competition Commission of India $(CCI)$ approves Blackstone's BX.N 40% stake buy deal in co, KOLT and CCI said in separate statements

** Avg rating of four analysts tracking the stock is "strong buy"; median TP 520 rupees - data compiled by LSEG

** YTD stock up 31%

(Reporting by Hritam Mukherjee in Bengaluru)

((Hritam.Mukherjee@thomsonreuters.com;))

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