Sterling and Wilson shares rose 5% to a record high of Rs 576.30 against the previous close of Rs 548.90 on BSE. Market cap of the firm rose to Rs 13,428 crore.
RateGain Travel Technologies Ltd. has raised Rs 600 crore from qualified institutional buyers through the issue of 93.3 lakh shares at a face value of Re 1 each.
The issue price for the QIP was Rs 643 apiece, a discount of 4.97% to the floor price, it said in its exchange filing on Monday.
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