Parag Milk Foods Shares Surge 9% on Fundraising Announcement
Updated: 03 Apr 2025, 10:59 AM IST
Parag Milk Foods saw a significant increase in share price after announcing a fundraise of ₹161 crore through a preferential issue of convertible warrants.
On Thursday, Parag Milk Foods witnessed a 9% jump in share price following the company's announcement of raising funds worth ₹161 crore through a preferential issue of convertible warrants. The company's shares rallied as much as 9.56% to ₹185.00 on the BSE. At 10:50 AM, Parag Milk Foods shares were trading 8.41% higher at ₹183.05 apiece on the BSE. Disclaimer: The views and recommendations mentioned are that of individual analysts or broking companies, not of Mint. Investors are advised to consult certified experts before making investment decisions.