Piramal Enterprises witnessed a rise in share price on Monday after the company is planning to raise of up to Rs 50 billion through various modes such as issuance of equity shares, Global Depository Receipts, American Depository Receipts and bonds. The company has received shareholders’ approval for the same.

Shares of Piramal Enterprises  are trading at Rs 2,780, up Rs 170.55, or 6.54%  at the Bombay Stock Exchange (BSE) on Monday at 10:03 a.m.

The scrip has touched an intra-day high of Rs 2,808.65 and low of Rs 2,651.10. The total volume of shares traded at the BSE is 38,074.

Total volume of shares traded on the bourses today was higher by 29.60% to 345,783 compared with 22-day average volume of 266,811.