More funds to Country Club
Shital Jibhe / 12 Jan 2017
The stock of Country Club Hospitality and Holidays is trading in green as it has gained as much 5 per cent on intraday trading on Jan 12. The stock is likely surge after the decision that the company is planning to raise funds by issuing 50 lakh equity shares on a preferential basis.
The stock of Country Club Hospitality and Holidays is trading in green as it has gained as much 5 per cent on intraday trading on Jan 12. The stock is likely surge after the decision that the company is planning to raise funds by issuing 50 lakh equity shares on a preferential basis.In short, the company is giving a jolly day on the street.
The company also intends to raise fund through an issue of one crore share warrants. The board will meet on Jan 16 to consider and approve the above plan. The company will close the trading window on Jan 13-18.
The stock of the company in last one year has fallen by 1.41 per cent. On three year annualised basis, the stock has given a return of 16.51 per cent. DSP Black Rock Mutual Fund and J M Financial Mutual Fund are the two fund houses which have invested in the stock of the company.
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