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    VINATIORGA — Vinati Organics News Story

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    India's Vinati Organics rises after investment in unit

    Picture of Vinati Organics logoVinati Organics
    10/12/2024 09:57
    ** Shares of Vinati Organics  VNTI.NS  rise 3.5% to 1,877.05
rupees
    ** Specialty chemicals maker invests 396.5 mln rupees ($4.7
mln) in wholly-owned subsidiary Veeral Organics by subscribing
to shares via rights issue
    ** Stock set to snap four-session losing streak
    ** Trading vols at 167,210, 4.3x 30-day average
    ** VNTI up ~8% YTD

($1 = 84.8500 Indian rupees)

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))

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