Magma Fincorp Ltd to consider fund raising on Feb 27, 2015

A meeting of the Board of Directors of Magma Fincorp Ltd will be held on February 27, 2015, to consider and approve matter relating to raising of funds/ resources by way of issuance of preference shares.

Shares of MAGMA FINCORP LTD. was last trading in BSE at Rs.96.25 as compared to the previous close of Rs. 98.5. The total number of shares traded during the day was 6497 in over 276 trades.

The stock hit an intraday high of Rs. 98.5 and intraday low of 96.25. The net turnover during the day was Rs. 634664.

Source : Equity Bulls

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