Asahi India Glass Ltd to raise $50 million

The Board of Directors of Asahi India Glass Ltd at its meeting held on May 17, 2012, has accorded its consent for exploring fund raising / capital raising alternatives for an amount not exceeding US $ 50 million & appointment of intermediaries, if any, for the same.

The Asahi India Glass Ltd stock was trading at Rs.61, down by Rs.1 or 1.61%. The stock hit an intraday high of Rs.61.60 and low of Rs.58.

The total traded quantity was 6737 compared to 2 week average of 5480.

Source : Equity Bulls

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