HomeNewsBusinessStocksMercator Lines plans to raise $150 mn; stock up

Mercator Lines plans to raise $150 mn; stock up

Mercator Lines is planning to raise USD 150 million via IPO of Coal Mining Unit, reports CNBC-TV18, quoting DowJones. It touched an intraday high of Rs 39.95 and an intraday low of Rs 38. At 13:05 hrs the share was quoting at Rs 39.95, up Rs 2.35, or 6.25%.

June 29, 2011 / 13:27 IST
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Mercator Lines touched an intraday high of Rs 39.95 and an intraday low of Rs 38. At 13:05 hrs the share was quoting at Rs 39.95, up Rs 2.35, or 6.25%.

The company is planning to raise USD 150 million via IPO of Coal Mining Unit, reports CNBC-TV18, quoting DowJones. It was trading with volumes of 372,198 shares, compared to its 5-day average of 153,791 shares, an increase of 142.02%. In the previous trading session, the share closed down 0.40% or Rs 0.15 at Rs 37.60.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days37.2039.952.757.39
5-Days35.4539.954.5012.69
7-Days35.9539.954.0011.13
15-Days41.7539.95-1.80-4.31
1-Month39.4039.950.551.40
3-Month39.8539.950.100.25
6-Month53.7039.95-13.75-25.61
9-Month57.9539.95-18.00-31.06
1-Year47.5539.95-7.60-15.98
first published: Jun 29, 2011 01:09 pm

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