AGC Networks

Shares of Black Box (formerly AGC Networks) surged 20% to hit a new high of Rs 384 on the BSE in Friday's intra-day trade amid heavy volumes.

The company, on March 22, said it has raised Rs 225 crore through issuance of convertible warrants to promoters and promoter group of the company

AGC Networks Limited, a part of Essar Group, on Monday said it has raised Rs 225 crore through issuance of convertible warrants to promoters and promoter group of the company

AGC Network's consolidated revenue from operations during the quarter stood at Rs 1,228 crore, as against a revenue of Rs 188 crore logged in the year-ago quarter.

The stock locked in upper circuit of 10% at Rs 115, rallied 92% in past one month, as compared to 3% rise in the S&P BSE Sensex.

The stock rallied 20 per cent to Rs 118, surging 63 per cent in the past four days, as compared to a 1 per cent decline in the S&P BSE Sensex.

The stock hit a 52-week high of Rs 167, rallying 55% in past four trading days from Rs 108 on December 5.

The company's cyber security division CYBER-i announced a MSP pact with Intel Security