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An update from Centum Electronics Limited ( (IN:CENTUM) ) is now available.
Centum Electronics Limited has successfully closed its qualified institutions placement of equity shares, raising funds from eligible institutional buyers. The issue was priced at ₹1,160 per share, reflecting a discount to the floor price, and marks a strategic move to enhance the company’s financial position and support its growth initiatives.
More about Centum Electronics Limited
Centum Electronics Limited operates in the electronics industry, focusing on the design and manufacturing of advanced electronics systems and products. The company is based in Bangalore, India, and serves a variety of markets including aerospace, defense, and industrial electronics.
YTD Price Performance: -40.74%
Average Trading Volume: 2,799
Current Market Cap: 16.25B INR
See more insights into CENTUM stock on TipRanks’ Stock Analysis page.