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Sunil Hitech gains on fund raising plan
Source: IRIS | 15 May, 2017, 11.07AM
Rating: NAN / 5 stars.
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 Sunil Hitech Engineers witnessed a rise in share price on Monday after the company has received an approval to raise funds up to Rs 2.50 billion through Right Issue, Private Placement, Qualified Institutional Placement, American Depository Receipts (ADRs), Global Depository Receipts (GDR), FCCBs etc. The board of directors at its meeting held on May 12, 2017 had approved for the same.

Shares of Sunil Hitech Engineers  are trading at Rs 15.25, up Rs 0.76, or 5.24%  at the Bombay Stock Exchange (BSE) on Monday at 10:52 a.m.

The scrip has touched an intra-day high of Rs 15.60 and low of Rs 14.50. The total volume of shares traded at the BSE is 1,144,147.

Total volume of shares traded on the bourses today was higher by 27.57% to 5,228,668 compared with 22-day average volume of 4,098,50.



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