DSIJ Mindshare

36 Per Cent Returns From Its 52-Week Low & Volume Spurt: Auto Stock Jumps Over 10 Per Cent; Company To Raise Rs 320 Crore via QIP

The stock crossed the 50-DMA of Rs 368 per share and its 200-DMA is 442.41 per share.

DSIJ Intelligence-1 0 134 Article rating: 5.0

The stock is up by 36 per cent from its 52-week low of Rs 295.20 per share.

3390 Per Cent Returns: Multibagger Machinery Stock in Focus as Board Approves Rs 225 Crore QIP

Key resolutions included the approval to raise funds up to Rs 225 crore through Qualified Institutions Placement (QIP) in accordance with SEBI regulations.

DSIJ Intelligence 0 148 Article rating: 4.5

The board approved an increase in the company's Authorized Share Capital from Rs 18 crore to Rs 20 crore

Understanding QIP: A Key Tool for Corporate Fundraising

Qualified Institutional Placement (QIP) refers to the issuance of equity shares, convertible securities, or any other financial instruments to qualified institutional buyers (QIBs) on a private placement basis.

DSIJ Intelligence-1 0 273 Article rating: 5.0

This method is primarily used by publicly listed companies to raise capital without undergoing the complexities of a public offering or rights issue.

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