India's Chemplast Sanmar up as co to consider fundraise

Chemplast Sanmar

20/06/2024 09:11

** Shares of Chemplast Sanmar Ltd  CHPA.NS  rise as much as
5% to 610 rupees 
    ** Specialty chemicals maker says it will consider raising
funds by issuing shares or any other securities in board meeting
on June 24
    ** Stock on track to gain after 2 days of losses
    ** More than 591,000 shares traded as of 1:39 p.m. IST, 2.3%
higher than their 30-day moving avg of 578,292 share
    ** CHPA last up 1.7%, adding to YTD gains of 18.3%

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))