Parry Agro to raise funds

Parry Agro Industries Ltd has announced that the Board of Directors of the Company at its meeting held on October 15, 2007, inter alia, has approved the issue of fresh equity capital upto 5,00,000 equity shares through GDR / ADR / FCCB / QIP, subject to the approval of members and all applicable regulatory / statutory authorities.

The stock closed the day at Rs.1326, up by Rs.19.30 or 1.48%. The stock hit an intraday high of Rs.1432.95 and low of Rs.1322.75.

The total traded quantity was 242 compared to 2 week average of 190.

Source : Equity Bulls

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