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DB Realty jumps 5.7% after company’s board plans to raise ₹2000 Cr
short by Dev Parmar / on Thursday, 18 January, 2024
On Thursday, D B Realty Ltd witnessed a 5.7% surge in its shares to reach ₹239.80, following the board's approval for fundraising. The company approved to raise ₹2,000 crores through QIP, involving equity shares, convertible securities, non-convertible debt instruments, warrants, or a combination of these. Notably, the stock has delivered a return of 217% in last six months.
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