India's Venus Pipes and Tubes at record high ahead of fundraise board meet
** Shares of Venus Pipes and Tubes VENS.NS up as much 6.2%
to a record high of 1,785 rupees
** Company's board to meet today to consider raising funds
** Trading vol is 1.3x the 30-day avg by 10:21 a.m. IST
** As of last close, stock had dipped 1% since announcing
plans for fund raise on Feb. 20
** Analysts avg rating is "strong buy"; median PT 1,759
rupees - LSEG data
(Reporting by Navamya Ganesh Acharya in Bengaluru)
((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))
Recent news on Venus Pipes & Tubes
See all newsBrief: Venus Pipes & Tubes Starts Commercial Pipe Spooling Production
Brief: Venus Pipes And Tubes Commenced Operations Of Additional 6.1 MW Dc Solar Power Unit
Brief: Venus Pipes & Tubes Re-Appoints Arun Axaykumar Kothari As Chairman And Managing Director
Brief: Venus Pipes & Tubes Says June-Quarter Net Pat 264.1 Million Rupees
Brief: Venus Pipes And Tubes March-Quarter Net PAT 255 Million Rupees