Sobha Shares, Sobha Stock Price News Live Updates: Sobha stock surges on board approval of ₹2,000-cr rights issue; stock jumps over 6%

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Cryptocurrency

June 13, 2024
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Updated – June 13, 2024 at 10:44 AM.

Sobha Share Price Live Updates: Shares of Sobha Ltd are making headlines following the board’s approval of a rights issue to offer and issue equity shares worth ₹2,000 crore. The price of the rights issue has been fixed at ₹1,651 per equity share, a discount of 25 percent, the firm said. The issue will open on June 28 and will close on July 4. The company reported that the trading window for Sobha’s securities is closed until June 14, 2024, in accordance with insider trading regulations. The shares were up by 5.85% to ₹2,184.65 on the BSE and by 6.08% to ₹2,187.80 on the NSE at 10.41 a.m.

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June 26, 2024
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Stock market update: Top gainers / losers today; Reliance Industries, Bharti Airtel, Ultratech Cement, Grasim among top gainers

BSE Sensex climbed 620.73 pts or 0.80 per cent to close at 78,674.25 on Wednesday, and Nifty 50 was up 147.50 pts or 0.62 per cent to close at 23,868.80. Commenting…

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June 26, 2024
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Stanley Lifestyles IPO subscribed 97 times

The initial public offering of the Bengaluru-based Stanley Lifestyles was subscribed 96.98 times, thanks mainly to qualified institutional buyers and non-institutional investors (HNIs). The ₹537-crore IPO came out with a price…