India's Inox Green hits record high after fundraise

Inox Green Energy Services

26/06/2024 11:00

** Shares of India's Inox Green Energy Services  INOG.NS 
rose as much as 7.5% to hit record high 184.80 rupees 
    ** Shares last up 4.7% 
    ** INOG approved fundraise of up to 10.50 billion rupees 
($125.7 million) via shares, convertible warrants issue
    ** Trading vols 5.6x 30-day average
    ** YTD stock has surged 71%

($1 = 83.5610 Indian rupees)

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