Axiscades Technologies rises on planning to raise upto Rs 50 crore
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Axiscades Technologies is currently trading at Rs. 293.05, up by 2.55 points or 0.88% from its previous closing of Rs. 290.50 on the BSE.
The scrip opened at Rs. 298.80 and has touched a high and low of Rs. 298.80 and Rs. 279.95 respectively. So far 6767 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 385.25 on 16-Nov-2022 and a 52 week low of Rs. 80.10 on 10-Dec-2021.
Last one week high and low of the scrip stood at Rs. 304.50 and Rs. 279.95 respectively. The current market cap of the company is Rs. 1102.62 crore.
The promoters holding in the company stood at 66.53%, while Institutions and Non-Institutions held 0.09% and 33.38% respectively.
Axiscades Technologies is planning to raise upto Rs 50 crore by way of debt. A meeting of the Board of Directors of the company is scheduled to be held on December 14, 2022, inter alia to consider fund raising.
Axiscades Technologies is a holistic technology and engineering solutions provider, with a footprint across the entire product lifecycle management needs of global OEMs and core engineering firms.
