Bajaj Electricals up 5.5%

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The stock rose 5.5 per cent to close at an all-time high of Rs 827.60, on reports that the company might launch its qualified institutional placement (QIP) book this week.
The company has already got shareholders nod to raise upto $37.63 million (approx Rs 175 crore) through the QIP route.
First Published: Dec 08 2009 | 12:36 AM IST