HomeNewsBusinessStocksPipavav Ship raises Rs 160cr by convertible warrants

Pipavav Ship raises Rs 160cr by convertible warrants

Pipavav Shipyard raised Rs 160 crore by issuing convertible warrants at Rs 78, reports CNBC-TV18. It touched an intraday high of Rs 80.70 and an intraday low of Rs 79. At 09:19 hrs the share was quoting at Rs 79.50, up Rs 2.20, or 2.85%.

September 07, 2011 / 09:35 IST
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Pipavav Shipyard touched an intraday high of Rs 80.70 and an intraday low of Rs 79. At 09:19 hrs the share was quoting at Rs 79.50, up Rs 2.20, or 2.85%.


The company raised Rs 160 crore by issuing convertible warrants at Rs 78. It issued 50 lakh warrants each to Rakesh & Rekha Jhunjhunwala, 5 lakh to Utpal Seth and 1 crore to promoter, reports CNBC-TV18.
 
It was trading with volumes of 384,127 shares. In the previous trading session, the share closed up 0.98% or Rs 0.75 at Rs 77.30.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days73.4079.506.108.31
5-Days67.0579.5012.4518.57
7-Days72.7079.506.809.35
15-Days62.1079.5017.4028.02
1-Month69.7079.509.8014.06
3-Month82.2079.50-2.70-3.28
6-Month80.2079.50-0.70-0.87
9-Month74.7579.504.756.35
1-Year107.8079.50-28.30-26.25
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first published: Sep 7, 2011 09:22 am

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