Leela shares go up by 3% after selling

FINANCIAL EXPRESS, MUMBAI | 21 September 2015 22:15 IST

Hotel Leelaventure shares gained over 3 per cent in the early trade on Monday after the company on Saturday said that it has agreed to sell a hotel in Goa to a Malaysian company MetTube Sdn for Rs 725 crore as the luxury hotels operator looks to cut its debt.

At 9.40 am, Hotel Leelaventures shares were trading 3.27 per cent higher at Rs 22.10 apiece.

The scrip opened at Rs 23 and had touched a high and low of Rs 23 and Rs 21.75, in trade so far.

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