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Deepak Nitrite issues commercial papers for Rs 200 mn
Source: IRIS | 28 May, 2014, 05.11PM
Rating: NAN / 5 stars.
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Deepak Nitrite announced that the company has issued commercial papers (CP) for Rs 200 million value.

This has been subscribed by HDFC Bank with maturity date as Aug. 26, 2014.

The aforesaid issuance of CP is to fund working capital requirement of the company.

Shares of the company gained Rs 33.05, or 4.02%, to settle at Rs 855. The total volume of shares traded was 5,257 at the BSE (Wednesday).

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