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Hubtown Nears 3-Year High 

Hubtown rises for the fifth straight day.

Nickey Mirchandani
Towers stand under construction in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Real estate developer Hubtown Ltd. rose nearly 15 percent intraday to its highest level in nearly three years. The stock, which is on a five-day winning streak, has gained a little over 23 percent during this period.

Trading volumes stand at 1.67 times its 20-day average on the National Stock Exchange.

The company has a market capitalisation of around Rs 1,050 crore.

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