Autoline Industries jumps on fund raising plans - The New Indian Express

Autoline Industries jumps on fund raising plans

Published: 05th March 2014 03:19 PM

Last Updated: 05th March 2014 03:19 PM

Autoline Industries jumped on Wednesday after the company said that its board of directors will meet on Mar. 11, 2014 to explore various avenues of raising funds to meet the funding requirements by way of full disinvestment of stock/shares in Autoline Industries, USA. Shares ofthe companyare trading at Rs 70.25, up Rs 5.6, or 8.66% at the Bombay Stock Exchange (BSE) on Wednesday at 2:21 p.m.The scrip has touched an intra-day high of Rs 73.80 and low of Rs 68.50. The total volume of shares traded at the BSE is 253,171.In the earlier session, the shares gained 1.17%, or Rs 0.75, at Rs 64.65. Currently, the stock is trading down 47.46% from its 52-week high of Rs 133.70 and above 52.55% over the 52-week low of Rs 46.05.

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