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Pratibha Industries to raise funds up to Rs 250 crore through QIP

18 Jul 2014 Evaluate

Pratibha Industries has received an approval for raising of funds through QIP issue up to Rs 250 crore subject to approval of shareholders to be obtained through Postal Ballot. The board of directors at its meeting held on July 17, 2014 has approved for the same.

Pratibha Industries is engaged in the business of integrated infrastructure solutions. As the company moves ahead, it has laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies.

Peers
Company Name CMP
Larsen & Toubro 4162.20
Kalpataru Projects 1350.20
NCC 135.75
Rail Vikas Nigam 205.40
KEC International 340.25
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