Prakash Industries Ltd prepays term loan to Indostar Capital Finance Ltd

Prakash Industries Ltd has prepaid entire Term Loan to Indostar Capital Finance Limited of around Rs. 33 Crores ahead of its maturity, as a step towards its commitment to reduce the pledge of promoter's shares.

Shares of Prakash Industries Limited was last trading in BSE at Rs. 52.70 as compared to the previous close of Rs. 52.67. The total number of shares traded during the day was 45996 in over 349 trades.

The stock hit an intraday high of Rs. 53.14 and intraday low of 52.00. The net turnover during the day was Rs. 2420458.00.

Source : Equity Bulls

Keywords

PrakashIndustries INE603A01013 Prepayment TermLoan IndostarCapitalFinance