Deepak Nitrite Ltd issues Commercial Papers worth Rs. 25 crores

Deepak Nitrite Ltd has issued Commercial Papers (CP) for Rs. 25 crores value dated October 31, 2014. This has been subscribed by HDFC Bank Limited having maturity date as January 29, 2015.

The aforesaid issuance of CP is to fund working capital requirement of the Company.

Shares of DEEPAK NITRITE LTD. was last trading in BSE at Rs.85.7 as compared to the previous close of Rs. 82.85. The total number of shares traded during the day was 818293 in over 5158 trades.

The stock hit an intraday high of Rs. 89.85 and intraday low of 79.3. The net turnover during the day was Rs. 68748586.

Source : Equity Bulls

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