Rajratan Global Wire Limited receives investment promotion assistance of Rs. 2.82 crore

MP Industrial Development Corporation Limited (Government of Madhya Pradesh Undertaking) had 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.

The Company had received the value of first year of Rs. 2.82 Crores of assistance as intimated vide our letter dated 1st December, 2020. Further second tranche of assistance has also now been received by the Company.

Shares of Rajratan Global Wire Ltd was last trading in BSE at Rs. 2040 as compared to the previous close of Rs. 1994.05. The total number of shares traded during the day was 376 in over 51 trades.

The stock hit an intraday high of Rs. 2040 and intraday low of 1960.05. The net turnover during the day was Rs. 749317.

Source : Equity Bulls

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