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Ratnaveer Precision Engineering Ltd. ( (IN:RATNAVEER) ) has provided an announcement.
Ratnaveer Precision Engineering Ltd. announced the closure of its Qualified Institutions Placement (QIP) issue period, successfully allocating 12,793,102 equity shares at a discounted price of 145 per share to eligible institutional buyers. This strategic move is expected to bolster the company’s financial standing and enhance its market position by attracting significant institutional investment.
More about Ratnaveer Precision Engineering Ltd.
Ratnaveer Precision Engineering Ltd. operates in the precision engineering industry, focusing on the production of high-quality engineering components. The company is known for its expertise in manufacturing precision parts and has a market focus on serving various industrial sectors with its engineering solutions.
Average Trading Volume: 24,074
Technical Sentiment Signal: Buy
Current Market Cap: 8.39B INR
For detailed information about RATNAVEER stock, go to TipRanks’ Stock Analysis page.