Anupam Rasayan shares drop 5% on NCD issue announcement
Anupam Rasayan shares fell 5% following the announcement of a fresh NCD issue. The company plans to raise ₹500 crore through non-convertible debentures to fund expansion and general corporate purposes. Investors reacted negatively, possibly due to concerns over increased leverage or equity dilution risk. The stock is trading lower on the NSE today.
📊 STOCKS: $ANUPAM | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #NCD
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