Rajratan Global Wire Ltd sanctioned IPA by MP Industrial Development Corporation Ltd

MP Industrial Development Corporation Limited (Government of Madhya Pradesh Undertaking) has sanctioned Investment Promotion Assistance (IPA) for an amount not exceeding Rs. 19.74 Crores under Madhya Pradesh Nivesh Protsahayan Yojana, 2014 / Investment Promotion Assistance Scheme to the Company.

The eligibility period of assistance is 7 years (10.11.2019 to 09.11.2026) and the yearly sanctioned amount of IPA is Rs. 2.82 Crores and the first year assistance has been received by the Company.

Shares of RAJRATAN GLOBAL WIRE LTD. was last trading in BSE at Rs.405.05 as compared to the previous close of Rs. 408.45. The total number of shares traded during the day was 1038 in over 173 trades.

The stock hit an intraday high of Rs. 418.2 and intraday low of 400.1. The net turnover during the day was Rs. 422281.

Source : Equity Bulls

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