Economy · India
Bharat Forge sets floor price for Rs 2,000 crore QIP
Automotive component manufacturer Bharat Forge has set a floor price of Rs 1,947.70 per share for its Qualified Institutional Placement (QIP) issue. The company aims to raise up to Rs 2,000 crore through this placement. The QIP opened on Tuesday, and the company's shares saw a 4% increase following the announcement.
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- Centre (2): Business Today, The Financial Express