The Wonderla Holidays Ltd stock has delivered a return of 62.15 % over the past five years.
Multibagger Stock Declares Rs 3 per Share Final Dividend for Shareholders
Oil prices jumped 2% in today’s trading session as Saudi plans to deepen output cuts.
Brent oil futures were trading at $77.64 a barrel, up $1.51 (or 2%), from their session high of $78.73.
Trafigura Group, a commodity trading firm, has provided $200 million in funding for VRL, while Glencore International AG, a mining and natural resource corporation, has provided $250 million.
According to Aditya Birla Capital Ltd., the preferential issuance would take place at a cost of Rs 165.1 per equity share and is pending approval from shareholders.
The floor price for the two-day OFS is set at ₹225 per share.
Asian markets are trading mixed today.
Japan’s Nikkei is not trading.
Recommendation: Add; Target Price: Rs 165