Veefin Solutions’ shares reached the 5% upper circuit limit following news that Veefin Group has made its first international acquisition.
The company acquired a 50% stake in Singapore-based GenAI firm Walnut in an all-cash deal. This marks Veefin Group’s fourth acquisition in 2024 as it seeks to establish itself as a leading Global Working Capital Finance Platform.
The stock opened today at 578.00, peaked at 604.30, and hit a low of 575.00, with a 52-week high of 753.90 and a low of 185.95.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.