Oh, you are right. I thought DB Realty was part of DB Infrastructures (which is part of DB Group). This is a different promoter altogether. My bad. DB Corp had moved up similarly when Adani had announced purchased of DB Power assets last year (it fell through later) which is owned by DB Corp. I thought this was something similar. Should pay more attention, and not assume things!
In that case, there is a good chance this is due to results expectations only. That’s good news for Jagran as well though that litigation is a bad development.
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