Himadri Chemicals to raise US$ 80 Million

Himadri Chemicals & Industries Ltd has announced that the Board of Directors of the Company at its meeting held on January 16, 2008, inter alia, has approved issue of Foreign Currency Convertible Bonds (FCCB) upto US$ 80 Million.

The stock closed the day at Rs.695, down by Rs.22.60 or 3.15%. The stock hit an intraday high of Rs.705 and low of Rs.686.

The total traded quantity was 15571 compared to 2 week average of 30796.

Source : Equity Bulls

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