Wednesday, April 24, 2024

Ads by Google

Ads by Google

HomeNewsWockhardt share price hits upper circuit of 5% as it raises ...

Wockhardt share price hits upper circuit of 5% as it raises ₹480 crore via QIP: What’s happening

Mar 27, 2024 12:15 PM IST

Wockhardt share price: Wockhardt stock was in the upper circuit of 5% at ₹555.80 on BSE and a total of 3935 shares of the firm changed hands.

Wockhardt share price: Shares of Wockhardt Ltd hit upper circuit of 5% today (March 27) after the firm said it raised 480 crore via Qualified Institutional Placement (QIP) of shares. Wockhardt said that the capital raising committee approved the issue and allotment of 92,85,163 Equity Shares to eligible QIBs at an issue price of 517 per share- a 5% discount to the QIP floor price of 544.02 per share. The QIP of shares was open from March 20 to March 26.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it’s all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs


    Follow the latest breaking news and developments from India and around the world with Hindustan Times’ newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs, we’ve got you covered.