FMCG Stock Jumps After Company Announces Fundraising Plan
Bengaluru, June 30 -- The shares of a Small-Cap company that specialises in manufacturing speciality fats, butters, and Cocoa Butter Equivalents (CBE) extracted from exotic, tree-borne seeds and kernels are in focus upon launching a Fresh Fundraising Drive.
With a market capitalisation of Rs. 9,544.41 crores in the day's trade, the shares of Manorama Industries Ltd rose upto 2.3 percent, making a high of Rs. 1,619.65 per share compared to its previous closing price of Rs. 1,582.25 per share.
What Happened
Manorama Industries Limited has announced the opening of its Qualified Institutions Placement (QIP) of equity shares with a face value of Rs.2 each, under SEBI ICDR Regulations. The Board, in its meeting held on June 29, 2026, approve...
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