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Shares of Amber Enterprises India slipped 7.6 per cent to Rs 1,756 on the BSE on Friday, falling 9.4 per cent in the past two trading days on profit booking after the company completed its qualified institutional placement (QIP) issue. The stock has fallen 12 per cent from its record high level of Rs 1,997, touched in Tuesday's intra-day trade.
The company is engaged in consumer electronics business has raised Rs 400 crore via QIP. It issued shares to qualified institutional buyers at an issue price of Rs 1,780 per share. The QIP opened on Monday, September 7, 2020
The company is engaged in consumer electronics business has raised Rs 400 crore via QIP. It issued shares to qualified institutional buyers at an issue price of Rs 1,780 per share. The QIP opened on Monday, September 7, 2020
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