Indiabulls Ventures hits new high on fund raising plan; soars 48% in 1 mnth

The stock locked in upper circuit of 5% at Rs 713 on the BSE, after the company announced that its board will meet on Tuesday, August 14, to consider fund raising plans.

Shares of Indiabulls Ventures are locked in upper circuit of 5% at Rs 713 on the BSE, extending its last one month's rally, after the company announced that its board will meet on Tuesday, August 14, to consider fundraising plans. The stock currently trading at its new high has rallied 48% as compared to 5% rise in the S&P BSE Sensex.

“A meeting of the board of directors of the Company would be held on Tuesday, August 14, 2018, to consider and approve convening of the ensuing Annual General Meeting of the Company including agenda thereof, raising of funds