Rasandik Engineering Industries India Ltd to approve QIP

The board of directors of Rasandik Engineering Industries India Ltd at its upcoming meeting to be held on November 25, 2017, proposes to consider and recommend to the shareholders of the Company for their approval, further Issue of Securities through a Qualified Institutions Placement in accordance with applicable laws and subject to receipt of necessary approvals.

Shares of RASANDIK ENGINEERING INDUSTRIES INDIA LTD. was last trading in BSE at Rs.163.3 as compared to the previous close of Rs. 161.15. The total number of shares traded during the day was 2441 in over 36 trades.

The stock hit an intraday high of Rs. 168.95 and intraday low of 157.9. The net turnover during the day was Rs. 399436.

Source : Equity Bulls

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