Hanung Toys to raise upto $50 million

Hanung Toys & Textiles Ltd has announced that the Board of Directors of the Company at its meeting held on August 22, 2009, inter alia, has approved the issue of securities upto USD 50 million.

The stock closed the day at Rs.74.65, down by Rs.0.50 or 0.67%. The stock hit an intraday high of Rs.76 and low of Rs.74.20.

The total traded quantity was 43141 compared to 2 week average of 38667.

Source : Equity Bulls

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