India's Aditya Infotech continues to gain on QIP details
23/09/2026 08:48
BUZZ-India's Aditya Infotech continues to gain on QIP details ** Shares of India's Aditya Infotech AITN.NS rose to the temporary exchange-allowed maximum of 5% at 3,831.90 rupees, taking the stock's three-day gains to about 14%
** Stock gained 8.8% over Monday and Tuesday after business support firm said shareholders overwhelmingly supported a stock qualified institutional placement (QIP)
** Co launched QIP after the bell on Tuesday, with a floor price of 3,648.43 rupees per share, nearly in-line with Tuesday's closing price of 3,649.50 rupees
** Stock's gain continued on Wednesday, with this 3-day rally the best since early June; it has soared 157% YTD
(Reporting by Anushka Rajvedi and Kashish Tandon in Bengaluru)
((mailto: anushka.rajvedi@thomsonreuters.com))
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