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Tuesday, November 17, 2009

Aban Offshore up 2% on QIP success

Aban Offshore has advanced 2% on successfully completing its qualified institutional placement (QIP) issue. The company raised around 700 crore through the QIP.

The stock opened at Rs 1,300 and then touched a high of Rs 1,319. The scrip is now trading at Rs 1,318, up 2% from the previous close. The counter has clocked volumes of 130,300 shares on the BSE as compared to the two-week daily average traded volumes of 713,704 shares on the BSE

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