India's Pondy Oxides shares rise after fund raise approval

Pondy Oxides and Chemicals

24/09/2024 05:30

** Shares of Pondy Oxides and Chemicals  PNDY.NS  up as much
as 4.7% to 2,131.63 rupees
    ** Lead alloys producer approves raising up to 2.50 bln
rupees ($29.9 mln) via qualified institutional placement
    ** Stock set to snap a three day losing streak
    ** Stock up 310% YTD


($1 = 83.5700 Indian rupees)

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com;))