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Stocks That Were In News On September 16, 2016
Key domestic benchmark indices ended higher on Friday. The 30-share benchmark index ended trade higher by 186.14 points to end at 28,599.03; Nifty ends at 8,779.85 up by 37.30 points.
Shares of Den Networks rose after it said that the board will meet on Tuesday, September 20 to consider a preferential issue to one of the leading global financial investors.
Den Networks shares ended trade at Rs 79.70, higher by 9.86 per cent on BSE. It touched an intraday high of Rs 79.80 during trade.
Bharat Financial on Friday said that it has completed a securitization transaction of Rs 108 crore. Shares ended trade at Rs 753, lower by 1.26 per cent on BSE. It touched an intraday high of Rs 789 and low of Rs 748 during trade.
Shares of United Breweries rallied after reports showed that around 18.5 lakh shares of the company worth Rs 152 crore were traded in a block deal on BSE.
United Breweries ended the day at Rs 826, higher by 0.71 per cent on BSE. It touched an intraday high and 52-week high of Rs 220 during trade.
Shares of Hero MotoCorp rose after its unit Hero FinCorp raised Rs 1,002 crore for fuel expansion over the next 12-18 months.
Hero MotoCorp shares ended trade at Rs 3595, higher by 2.06 per cent on BSE. It touched an intraday high of Rs 3639 during trade.
Orient Paper & Industries said that board of the company has given in-principle consent for vertical demerger of consumer electric business of the company into a wholly owned subsidiary.
Shares of Orient Paper ended trade at Rs 78, lower by2.01 per cent on BSE. It touched an intraday low of Rs 75.50 during trade.
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