Dagger Forst fixes Issue Price for Proposed Follow on Public Issue at Rs.45

Dagger Forst Tools Ltd has announced that Committee of Board of Directors of the Company was held to decide and finalize the issue price of the proposed Follow on Public Issue. The Committee decided that the price will be Rs 45/- per Equity Share including a premium of Rs 35/- per Equity Share for the Follow on Public Issue of 40,06,150 Equity Shares.

The stock was trading at Rs.48.30, up by Rs.2.30 or 5%. The stock hit an intraday high of Rs.48.30 and low of Rs.48.30. The total traded quantity was 2041 compared to 2 week average of 5297.

Source : Equity Bulls

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