Veer Energy to raise Rs 26 crores

Veer Energy & Infrastructure Ltd has announced that the Board of Directors of the Company at its meeting held on October 09, 2009, has decided to raise the funds upto Rs. 26,00,00,000/- for proposed 200MW wind farm development project in the state of Gujarat.

The stock closed the day at Rs.15.70, down by Rs.1.70 or 9.77%. The stock hit an intraday high of Rs.17.80 and low of Rs.15.70.

The total traded quantity was 1493386 compared to 2 week average of 1906697.

Source : Equity Bulls

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