India's Knowledge Marine jumps on nod for stock split, fundraise
24/12/2024 07:43
** Shares of Knowledge Marine & Engineering Works KNOW.NS
rise 3.4% to 2,237.2 rupees
** Marine crafts operator approves proposal for a 1:2 stock
split and a fundraise of up to 5 bln rupees ($58.7 mln)
** Stock sees busiest day in over 2 weeks, with over 22,000
shares traded
** Stock up 16% since trading debut on Nov. 14
($1 = 85.1850 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
((aleefjahan.cs@thomsonreuters.com))
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