/ Country Club Holidays Plans To Issue 50 Lakh Stocks For Fund Raising ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 12 January 2017

Country Club Hospitality and Holidays is having a good day on the Street. The stock of the company is trading in green and has gained as much as 5% intraday on January 12.

The stock has likely surged on the news that the company is planning to raise funds by issuing 50 lakh equity shares on a preferential basis.

The company also intends to raise funds through the issue of 1 crore share warrants. The board will meet on January 16 to consider and approve the above plan. The company will close the trading window from January 13-18.

The stock in the last one year has fallen by 1.41%. On a three year annualised basis, it has given a return of 16.51%. DSP BlackRock Mutual Fund and JM Financial Mutual Fund are the two fund houses which have invested in the stock.
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