Emami Realty's shares surged to a 5% upper circuit at Rs 111.7 following the launch of its premium residential project, Emami Aamod, in New Alipore, expected to generate around Rs 850 crore in revenue. The project spans 4 acres and features 3 BHK and 4 BHK apartments, highlighted by a 1-acre Aqua Serenity Lake. Despite this positive development, the stock has declined nearly 3% year-to-date, underperforming the Nifty 50's 11% gain.
