Jai Balaji Industries shares climbed 999 per cent to close at Rs 600.10 on Friday compared with Rs 54.60 on December 30, 2022, joining the billion dollar club. This iron & steel sector company commanded a m-cap of $1.15 billion
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Laxmi Organic share price: The company, in a BSE filing, said its fund-raising committee of directors approved the issue and allotment of 9,625,579 equity shares to qualified institutional buyers as a part of its fundraising plans. The shares were allotted at an issue price of Rs 269.20, i.e. at a premium of Rs 267.20, aggregating to Rs 259.12 crore.
Multibagger stock: The NBFC stock, which ended at Rs 10.07 on September 28, 2020 rose to a high of Rs 482.60 on the BSE today (September 29, 2023), delivering 4,692% returns during the period.
Authum Investment & Infrastructure Ltd (AII) divested a 36.05 per cent stake in Michigan Engineers to Welspun Enterprises for Rs 98.63 crore. Sansaar Housing Finance Ltd (SHF) also divested its remaining 14.05 per cent stake in MEPL to WEL for Rs 38.44 crore. Get more Stocks News and Business News on Zee Business.