Hubtown focuses on debt reduction and land monetization. The company aims for zero debt in the coming years. It will leverage prime land holdings, including a 150-acre Thane plot. Hubtown has a 30 million square feet portfolio. Ongoing projects include 25 Downtown and Hubtown Seasons. Upcoming projects include 25 Estates and 25 Vistas. The company recently raised Rs 1,250 crore.
TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks
Indian IT stocks fell amid reports that Anthropic, the maker of Claude, is preparing for an IPO that could value it at around $1.5 trillion.