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Hindustan National Glass zooms 53% in three days on debt resolution plan

The stock locked in upper circuit of 20% for the second straight day at Rs 127 on the BSE after the company announced the resolution plan/compromise offer for the settlement of dues.

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Hindustan National Glass & Industries  |  Sbi

SI Reporter  |  Mumbai 

Hindustan National Glass & Industries was locked in upper circuit of 20% for the second straight session at Rs 127 on the BSE after the company announced the resolution plan/compromise offer for the settlement of dues.

In the past three days, the stock has zoomed 53% from Rs 83 on August 27, 2018, as compared 0.5% decline in the S&P BSE Sensex. Till 11:12 am; a combined 299,590 equity shares changed hands and there were pending buy orders for 53,378 shares on the BSE and NSE. “The secured lenders have agreed to implement a resolution plan/compromise offer for settlement of ...

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First Published: Thu, August 30 2018. 11:10 IST
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