Jubilant Ingrevia soars on raising Rs 100 crore via commercial papers
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Jubilant Ingrevia is currently trading at Rs. 404.70, up by 6.35 points or 1.59% from its previous closing of Rs. 398.35 on the BSE.
The scrip opened at Rs. 400.00 and has touched a high and low of Rs. 405.70 and Rs. 397.85 respectively. So far 2849 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 592.45 on 11-Nov-2022 and a 52 week low of Rs. 350.80 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 405.70 and Rs. 379.20 respectively. The current market cap of the company is Rs. 6344.96 crore.
The promoters holding in the company stood at 51.47%, while Institutions and Non-Institutions held 13.71% and 34.81% respectively.
Jubilant Ingrevia has raised Rs 100 crore through issuance of Commercial Papers (CPs) on May 26, 2023, at a coupon rate of 7.21% per annum. The tenure of instrument is 55 days and hence the maturity will be on July 20, 2023.
Jubilant Ingrevia, a global integrated Life Science products and Innovative Solutions provider serving, Pharmaceutical, Nutrition, Agrochemical, Consumer and Industrial customers.
