Senco Gold shares surge 6% after nod for Rs 500 crore QIP, 1:2 stock split
Shares of Senco Gold surged 6.4% to a day’s high of Rs 1,494.55 on the BSE during early trading today, following the company’s announcement on Friday that its board approved a qualified institutional placement (QIP) of Rs 500 crore, along with a 1:2 stock split. The announcement was made after market hours. “This is to…