Bengaluru, Sept. 19 -- This small-cap stock, engaged in real estate services, property management, and leasing of non-residential properties, leveraging technology and AI for flexible office space solutions, hit a 5 percent upper circuit after signing a term sheet to acquire up to 100 percent of Pepperfry Limited.

With a market capitalization of Rs. 1,938.27 crores, the shares of TCC Concept Limited hit a 5 percent upper circuit of Rs. 543.35 per share on Friday, up from its previous closing price of Rs. 517.50 per share.

What is the news? TCC Concept Limited has signed a term sheet to acquire up to 100 percent of Pepperfry Limited, subject to approvals and completion of necessary agreements. The company plans this acquisition to streng...