Bharat Parenterals hits 20% upper circuit on fundraise plan

Bharat Parenterals shares hit a 20% upper circuit at a 52-week high of ₹1,895.10, extending gains to 25% in three sessions. The rally followed the company's announcement that its board will meet on September 29 to consider raising funds through a preferential issue of equity shares. The proposed fundraising amount was not disclosed.