Minda Industries, a manufacturer of two wheeler automotive switches has raised Rs 500 million Commercial Paper on June 17, 2021 and due for maturity on August 11, 2021. This is in line with the management efforts to bring down the finance cost.
Shares of the company gained Rs 16.80, or 2.61%, to settle at Rs 660.95. The total volume of shares traded was 57,560 at the BSE (Friday). The stock touched a high of Rs 670.45 and low of Rs 600.10 on intraday basis.
The stock has touched a 52-week high of Rs. 670.45 on June 18, 2021 and a 52-week low of Rs. 264.67 on June 30, 2020.