Bharat Rasayan shines on raising Rs 20 crore thru Commercial Paper

Bharat Rasayan shines on raising Rs 20 crore thru Commercial Paper

by admin- Tuesday, February 19th, 2019 03:52:35 PM

Bharat Rasayan is presently trading at Rs. 3724.95, up by 292.Forty points or 8.52% from its preceding final of Rs. 3432.55 on the BSE.

The scrip opened at Rs. 3503.25 and has touched a high and low of Rs. 3829.Eighty and Rs. 3500.05 respectively. So a long way 330 shares have been traded on the counter.

The BSE institution ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 8395.00 on 10-Aug-2018 and a 52 week low of Rs. 3352.10 on 18-Feb-2019.

Last one week excessive and coffee of the scrip stood at Rs. 3829.Eighty and Rs. 3352.10 respectively. The current marketplace cap of the company is Rs. 1600.93 crore.

The promoters holding within the organisation stood at 74.Eighty three%, at the same time as Institutions and Non-Institutions held zero.32% and 24.Eighty five% respectively.

Bharat Rasayan has raised price range worth Rs 20 crore thru issuance of Commercial Paper (CP) value dated on February 18, 2019 having maturity on March 28, 2019. The instrument has been rated ‘A1+’ through CARE rating organization. The agency has appointed HDFC Bank as Issuing & Paying Agent for this issuance.

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