Stocks

Patel Engineering: Focus on rights issue details

| Updated on September 04, 2019 Published on September 05, 2019

Shares of Patel Engineering will remain in focus, as its board meets on Thursday for the proposed rights issue. The board will decide on the terms of the issue including the entitlement ratio, the total number of shares, issue price, record date and other related matters and terms and conditions.

Shareholders of Patel Engineering will be eager to know the quantum, ratio and price. Its shares, which had touched a 52-week high of ₹49.40, are trading near their 52-week low level.

Published on September 05, 2019
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