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Sterlite hits new 52-wk high, spurts 3%
BS Reporter / Mumbai Oct 17, 2009, 19:40 IST

The stock ended with a gain of 3% at Rs 845. The counter witnessed trades of over 290,268 stocks on the BSE.
__________________________________________________
(Updated at 1910 hrs)

Sterlite has rallied in Muhurat trades this evening on successfully raising Rs 2,350 crore.

The stock opened at a new 52-week high of Rs 880 and is now up 3% at Rs 844. The counter has witnessed trades of over 262,108 shares on the BSE today.

sterlite
BSE | NSE
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sterlite industries (i)
Copper producer Sterlite raised Rs 2,350 crore , about $500 million, by selling convertible debentures to finance its expansion. The company plans a 400,000-tonne expansion, including a 160-Mw power plant, at its South India copper smelter with an investment of about Rs 2,300 crore.

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