Stock of this Hinduja Group company has zoomed 40% in 2 days

NXTDIGITAL said it has received overwhelming response for its rights issue, with the company receiving Rs 560.13 crore against an issue size of Rs 288.61 crore

Shares of NXTDIGITAL moved higher by nearly 19 per cent to Rs 509.80 on the BSE in Friday's intra-day trade in an otherwise weak market. In comparison, the S&P BSE Sensex was down 0.79 per cent or 462 points at 57,999 points at 01:40 pm.

In the past two trading days, the stock of the Hinduja Group company has zoomed 40 per cent after NXTDIGITAL announced that its rights Issue was subscribed by 1.94 times or 194 per cent. Against an issue size of Rs 288.61 crore, the company has received Rs 560.13 crore. The stock had hit a