News Karnataka
Friday, June 02 2023

Hinduja arm NXTDigital’s shares up around 40% in 2 trading sessions

Hinduja arm NXTDigitals shares up around 40 in 2 trading sessions
Photo Credit :

New Delhi: When benchmark Indian indices were on a downward trend due to Omicron concern-led weak broader market sentiment, shares of NXTDIGITAL have risen around 40 per cent in the past two trading sessions.

On Friday, Sensex and Nifty settled at 57,696.46 points and 17,196 points, down 1.31 per cent and 1.18 per cent from its previous close, respectively.

NXTDIGITAL, a subsidiary of Hinduja Group, provides digital television services to consumers.

On Friday, shares of the company settled at Rs 472.50, nearly 11 per cent higher from its previous close. The intra-day high was Rs 511.8 per share.

Notably, the company has recently raised Rs 560.13 crore through rights issue, against an issue size of Rs 288.61 crore.

Also, the company has reportedly been taking steps to liquidate non-core assets to pare its debt obligations.

Share this:
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Rohan City Corp

Find the best odds at 10Cric and IPL Betting 2023! Signup today and get up to a 100% deposit bonus.

To get the latest news on WhatsApp