India's Indo Thai Securities extends gains on fundraise proposal

Indo Thai Securities

03/09/2024 08:14

** Shares of brokerage firm Indo Thai Securities  ITSL.NS 
rise 5% to 465 rupees, hitting upper limit of exchange-mandated
trading band 
    ** Co says it is considering a fundraise, but did not
disclose further financial details
    ** ITSL has gained 86.4% in 12 consecutive sessions of
gains, including Tuesday
    ** YTD stock has more than doubled, on track to snap two
straight years of losses

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))