Moser Baer gains on fund raising plans

The stock has jumped over 3 percent in the early morning deals on the BSE.

Jun 03, 2015 04:06 IST India Infoline News Service

Moser Baer India has jumped 3.3 percent to a high at Rs. 11.93 on the plans of raising funds up to $ 125 million via issue of various securities.

The stock is now up 1.3 percent at Rs. 11.70, with trades of around 45,000 shares, as against two-week daily average volume of 195,000 shares.

Meanwhile, the Sensex has shed 117 points at 27,071.

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