6:00 PM Mumbai – Aban Offshore raised $125 million. Hindalco plans to raise $500 million to repay maturing debt. ICVL intends to buy three coal mines in Mozambique from Rio Tinto. Siemens sold a land parcel in Bangalore for Rs 345 crore.
The Sensex Index jumped 138.31 or 0.5% to close at 25,962.06 The CNX Nifty gained 36.80 to 7,751.60. For the week, Sensex climbed 3.4%.
Gainers & Losers
Amtek Auto Ltd
declined 3.4% to Rs 242.20 after Citigroup sold 2.07 million shares worth Rs 53 crore at a price of Rs 255.93 per share in open market transactions.
Aban Offshore Ltd
jumped 2.4% to Rs 827.40 after the company raised $125 million through qualified institutional share placement.
Hindalco Industries Ltd
slipped 0.4% to Rs 173.05 after the plans to raised $500 million or Rs 3,000 crore through the qualified institutional placement to repay maturing debt.
ICVL Steels Ltd
closed unchanged at Rs 5.44 and a consortium plans to buy three coal mines in Mozambique from Rio Tinto for $200 million.
The company has targeted to acquire a total of 500 million tons of metallurgical coal reserves by 2020.
Jain Irrigation Systems Limited
climbed 4.9% to Rs 127.35 after the company secured order worth about Rs 100 crore from Himachal Pradesh.
fell 0.5% to Rs 183.30 after the company said total iron ore production in first-quarter climbed 13.5% and sales surged 16.7%.
slid 0.6% to Rs 982.75 after the company sold a land parcel in Bangalore to Prestige City Properties for Rs 345 crore.