Kiri Dyes surged 4.5% to Rs 244. It touched a high of Rs 249 and a low of Rs 232. Around 457,300 shares changed hands at the BSE counter.
______________________________________________________
Updated 1241 Hrs
Kiri Dyes has touched a new all time high on plans of security issue.
The stock opened at Rs 236. It soon surged 6% to touch a new life-time high of Rs 247. The stock is now trading 5% higher at Rs 246. The stock has seen a nearly four-fold jump from its 52-week low of Rs 65 in six months. Over 218,000 shares have been traded on the counter so far on the BSE.
The company will raise up to Rs 150 crore through issue of securities in the domestic and international markets. The amount would be used to part finance the expansion and diversification projects of the company.
