Buzzing Micro & Small-Cap Stocks in Focus: Parag Milk Foods, Aban Offshore & More

Published 25-08-2022, 11:10 am
© Reuters.
ABAN
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CBI
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INBT
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By Malvika Gurung

Investing.com -- Parag Milk Foods (NS:PAMF): The dairy products company announced raising Rs 131 crore through preferential allotment from marquee investors and promoters. Shares are up 4%.

Aban Offshore (NS:ABAN): The offshore drilling services provider has signed a one-time debt settlement agreement with the lender Central Bank of India (NS:CBI) for Rs 125 crore. Shares are up 20%.

PSP Projects (NS:PSPP): The construction engineering company has bagged contracts worth Rs 247.35 crore from Precast and Government segments, taking its total order inflow so far in FY23 to Rs 1,344.24 crore. Shares are up 3.8%.

Visco Trade Associates (BO:VISC): The company has acquired a 50% stake in Nayek Paper Industries for Rs 1.33 crore. Shares are up 5%,

Vikas Lifecare (NS:VIKR): The high-end specialty chemicals company has raised Rs 50 crore through the QIP route by allotting and issuing a total of 10,41,66,666 shares to qualified institutional buyers. Shares are up 5%.

Indrayani Biotech (BO:INBT): India Equity Fund 1 has picked 3.5 lakh equity shares of the company at an average price of Rs 55 apiece, while Mittal Clothing Company has bought 2.128 lakh shares of the company at the same price. Shares are up 5%.

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