Surya Pharmaceutical redeems US$12 Million FCCBs

Surya Pharmaceutical Ltd has announced that 12000 Foreign Currency Convertible Bonds (FCCBs) allotted by the Company for the total value of USD 12 million have been redeemed on its due date.

The stock closed the day at Rs.65.60, down by Rs.5.15 or 7.28%. The stock hit an intraday high of Rs.68.90 and low of Rs.65.60.

The total traded quantity was 7495 compared to 2 week average of 7399.

Source : Equity Bulls

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