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Sun Pharma Advanced Research Company (SPARC) jumped 6.87% to Rs 197.50, extending gains for the second day. The stock has added 8.57% in two sessions, from its recent closing low of Rs 181.45 recorded on 6 May 2021. In the past one month, the stock has zoomed 17.53% while the benchmark Sensex shed 0.08% in the same period. On the technical front, the stock's RSI (relative strength index) stood at 69.860. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. The stock was trading above its 50-day, 100-day and 200-day ...

On 12 May 2021The Board of Sun Pharma Advanced Research Company will meet on 12 May 2021 to consider and evaluate proposals for raising of funds in one or more tranches by way of issue of Equity Shares or Securities/ Warrants convertible into Equity shares of the Company, through permissible modes including by way of Preferential Issue, subject to the receipt of necessary approvals. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide u...

Shares of 5paisa Capital were locked at the 20 per cent-upper circuit at Rs 350.40 on the National Stock Exchange (NSE) on Thursday after the firm's board approved fund raising of Rs 251 crore at Rs 500 per share on preferential basis to marquee investors and Promoters and Promoter Group. The preferential issue price is at 70 per cent premium over Tuesday’s closing price of Rs 292 per share on the NSE. A combined around 200,000 equity shares had changed hands on the counter and there were pending buy orders for around 79,000 shares on the NSE and BSE till the time of writing of this report.

5paisa Capital board approves fresh capital raise of Rs 250 crore ANI | Updated: Apr 14, 2021 16:47 IST Mumbai (Maharashtra) [India], Apr 14 (ANI): The board of directors at 5paisa Capital has approved capital raise of Rs 250.8 crore through a preferential issue of equity shares and warrants at Rs 500 per share which is a premium of over 70 per cent at the current price of Rs 292. The online platform said the sale will be to a set of marquee investors and promoters besides the promoter group. The preferential issue is subject to shareholder and other nece...

Thomas Cook India Stock Gains After Plan To Raise Rs 450 Crore Through Preferential Issue Thomas Cook India Stock Gains After Plan To Raise Rs 450 Crore Through Preferential Issue The company's board of directors has approved the issuance of up to 45 crore OCCRPs of the face value of 10 each to promoter Fairbridge Capital Mauritius Ltd through private placement on a preferential basis Thomas Cook India Group is one of the world's largest travel and financial service provider networks. Shares of Thomas Cook India rose by nearly 1.7 per cent on Monday after the travel services firm said it ...