Blue Blends (India) surged 6.38% to Rs 49.70 at 15:10 IST on BSE after the company said its board of directors will meet on 9 December 2016, to discuss the fund raising plan of the company.
The announcement was made during market hours today, 6 December 2016.Meanwhile, the S&P BSE Sensex was up 66.05 points or 0.25% at 26,415.15.
More than usual volumes were witnessed on the counter. On the BSE, 48,915 shares were traded on the counter so far as against average daily volume of 16,693 shares in the past one quarter. The stock had hit a high of Rs 50 and a low of Rs 42 so far during the day.
The small-cap company has an equity capital of Rs 20.59 crore. Face value per share is Rs 10.
Blue Blends (India) is among the leading textiles manufacturers of the country.
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