India's Diamond Power Infra rises after board approves fundraise of $211 million
BUZZ-India's Diamond Power Infra rises after board approves fundraise of $211 million ** India's Diamond Power Infrastructure Ltd DIAC.NS up 3.2% at 208.75 rupees, snaps a three-session losing streak
** Company's board approves raising 20 billion rupees ($211.95 million) via issuance of shares through Qualified Institutions Placement (QIP)
** Fundraising limit raised from 10 billion rupees earlier
** YTD, stock down 13.13%
($1 = 94.3600 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
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