Can Fin Homes shares gain 4% as Company to consider fundraising on July 17

For the quarter ended March 2020, Can Fin Homes had reported a 37.5 per cent jump in net profit at Rs 90.91 crore

Shares of Can Fin Homes gained nearly 4 per cent to Rs 377.15 on the BSE on Thursday, a day after the company informed that the Board of Directors will meet on July 17 to consider fundraising.

At 11:32 am, the stock was trading 3.76 per cent higher at Rs 376.80. In comparison, the benchmark S&P BSE Sensex was ruling 0.75 per cent higher at 36,600 levels. 

In a regulatory filing, the company informed that the Board of Can Fin Homes will meet on July 17, 2020 to consider "Raising funds by way of issue of equity shares through qualified