Shares of Sandur Manganese surged 2.94% to ₹503.60 following the company’s board approval to raise up to ₹1,000 crore through a Qualified Institutional Placement (QIP). The stock gained ₹14.40 in early trading, reflecting investor optimism around the capital-raising initiative.
Stock Price Details:
Open: ₹496.00
High: ₹507.70
Low: ₹495.00
Previous Close: ₹489.20
This fundraising effort is expected to boost the company’s financial capacity, enabling further growth and expansion.
