West Coast Paper increase FII limit up to 40%, stk down

At 11:23 am, West Coast Paper Mills was quoting at Rs 59.85, down Rs 1.35, or 2.21%. It has touched an intraday high of Rs 61 and an intraday low of Rs 59.85.

The company board has approved issue of equity shares worth Rs 64.6 crore to various investors and increasing FII investment limit up to 40% of capital, reports CNBC-TV18.
 
It was trading with volumes of 16,321 shares. Yesterday the share closed up 3.12% or Rs 1.85 at Rs 61.20.