Wednesday, 24 June 2015

Lupin gains after securing board's nod for fund raising

The company's board at their meeting on June 22, 2015, approved in principle the raising of funds up to Rs. 75,000 million through issue of securities. 

Lupin
Lupin is trading higher on the BSE after the company's board at their meeting on June 22, 2015, approved in principle the raising of funds up to Rs. 75,000 million through issue of securities.

The stock is now up 1.8 percent at Rs. 1,806, with trades of around 15,000 shares on the BSE counter, as against two-week daily average volume of 75,000 shares.

Meanwhile, the Sensex has added 86 points at 27,891. 

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