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5paisa Capital share zooms 20% as firm plans to raise Rs 250 crore


5paisa Capital share zooms 20% as firm plans to raise Rs 250 crore
5paisa Capital share opened 20% higher at Rs 350.40 on BSE. The stock was stuck in the upper circuit of 20% throughout the session and closed at the same level
BusinessToday.In | April 15, 2021 | Updated 17:49 IST
The stock has gained 24.61% in the last 2 days. The micro cap share stands higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
Share of 5paisa Capital ended 20 per cent higher today after the firm said it would raise Rs 250 crore through a preferential issue of shares to investors and warrants to promoters. The issue of shares and warrants will carried out at the price of  Rs 500 per share, which represents a premium of 70% over Tuesday s closing price of  Rs 293 on the NSE, the company stated. ....

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