After the Rs 2,000 crore rights issue, the company’s equity base will increase to Rs 4,500 crore. Earlier this year, the board of Sobha Ltd approved raising Rs 2,000 crore through a rights issue to increase the equity of the company and fund the growth.
PNB shares jump 8% after Q2 results beat estimates; Jefferies, Motilal Oswal, others raise target prices
Punjab National Bank shares rose sharply on Monday after the lender reported a 13% year-on-year rise in Q2FY27 net profit to Rs 5,532 crore. Stronger