Dishman Pharmaceuticals to issue NCDs worth Rs 75 crores

Dishman Pharmaceuticals and Chemicals Ltd has announced that the Board of Directors of the Company at its meeting held on January 12, 2010, has approved the proposal of issue of Non-Convertible Debentures (NCD) up to an amount of INR 750 million, for augmenting medium to long term resources of the Company, including regular capital expenditure.

The stock closed the day at Rs.235.85, down by Rs.1.35 or 0.57%. The stock hit an intraday high of Rs.244 and low of Rs.234.75.

The total traded quantity was 110924 compared to 2 week average of 65687.

Source : Equity Bulls

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