Reliance Capital surges nearly 3% on fund raising plans

Posted By: Religare
Subscribe to GoodReturns

Reliance Capital surges nearly 3% on fund raising plans
Shares of Reliance Capital rose nearly 3 per cent in early trade on Bombay Stock Exchange (BSE) after the firm informed the stock exchanges that it was seeking shareholder approval for private placement of non-convertible debentures (NCDs) and issue of securities to qualified institutional buyers.

The shares of company rose as much as 2.54 per cent to trade at Rs 636.05 a piece on the BSE.

However, shares of the company rose 2.27 per cent to Rs 636.40 a piece on National Stock Exchange.

Meanwhile, the broader benchmark Sensex was quoting at 24,709.11, down 96.72 points or 0.39 per cent at 10.44 hours.

Dion Global Solutions

Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC