Indiabulls Ventures is soaring high over 4% in the early hours of trade on BSE, as the board of directors of the Company have scheduled a meeting on March 28, 2017 to consider & approve preferential issue of shares or warrants to promoters & promoter group of entities.
The stock opened at Rs 46.80 per share, and touched a high of Rs 47.55 per share. It has outperformed both BSE Small cap and Nifty Financial Services indices on a yearly basis. Indiabulls Ventures Ltd., acts as a stock and share broker on the National Stock Exchange of India Limited (NSE), BSE Limited (BSE), depository participants and other related services.
BSE Small cap index is trading up by 89 points or 0.64% at 14117 levels. Nifty Financial services index is trading up by 66 points or 0.78% at 8587 levels.