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Somany Ceramics Ltd approves issue of Commercial Paper worth Rs. 15 crores

Posted On: 2017-01-11 22:47:45

Somany Ceramics Ltd has issued Commercial paper of Rs. 15.00 Crore value dated January 10, 2017 having maturity on March 24, 2017.

The aforesaid issuance of commercial paper is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing.

Shares of SOMANY CERAMICS LTD. was last trading in BSE at Rs.516.35 as compared to the previous close of Rs. 476.9. The total number of shares traded during the day was 28317 in over 2085 trades.

The stock hit an intraday high of Rs. 558.75 and intraday low of 476.55. The net turnover during the day was Rs. 14706432.


Source: Equity Bulls

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