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Sona BLW share price surges 3% on raising funds worth Rs 2400 crore via QIP

Business Standard LogoBusiness Standard9h ago

Sona BLW share price surges 3% on raising funds worth Rs 2400 crore via QIP - Business Standard

Quick Summary:

The Sona BLW share price rose after the company announced that it has successfully raised Rs 2,400 crore via qualified institutional placement (QIP).

Topics : Buzzing stocks BSE NSE NSE Nifty50 benchmark index S&P BSE Sensex Nifty50 Indian equity markets Sona BLW Precision Forgings Ltd.

Additionally, Shardul Amarchand Mangaldas & Co.acted as the Legal Counsel for Sona Comstar, while AZB & Partners and Linklaters Singapore Pte.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 10:20:13 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 572 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22442771

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 296 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

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Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Sona BLW share price surges 3% on raising funds worth Rs 2400 crore via QIP" was covered 9 hours ago by Business Standard, a news publisher based in India.

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