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Premier announced that the company has received Rs 1 billion from land monetization in Mumbai. The company currently owns about 68 acres of land at Dombivali after monetization of 150 acres in January, 2013.
Premier, an integrated diamond and jewellery manufacturer and retailer, jumps 18% on Thursday after the company decided to take the balance consideration in cash rather than the 5,00,000 sq.ft. of built-up flats from Ho... More..