This company sets date to consider fundraising proposal and financial results | Check details Here
GH News November 04, 2025 07:06 PM
Shares of Excel Realty N Infra Ltd a small-cap company involved in infrastructure development IT BPO and general trading will be under scrutiny as the company has announced that its board members will meet on November 11 2025 to discuss the financial results for the second quarter of fiscal year 2025-26 as well as a fundraising proposal. According to an exchange filing the meeting will focus on approving the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30 2025. In addition the board will consider a proposal to increase the companys authorized share capital pending shareholder approval. They will also evaluate a proposal to change the companys name. The board will assess a revised proposal for raising funds through preferential allotments the issuance of convertible warrants Qualified Institutional Placements (QIP) or any other permissible instruments or methods subject to necessary approvals from shareholders regulatory bodies and other stakeholders the company stated. The stock priced under Rs 2 began the trading session at Rs 1.37 compared to the previous close of Rs 1.41. It briefly reached a high of Rs 1.47 and then dipped to a low of Rs 1.34. The latest trading price was Rs 1.40 reflecting a decline of 0.71 percent. The companys market capitalization stands at Rs 197.50 crore. The stocks 52-week high is Rs 1.86 while the 52-week low is Rs 0.65. Technically the stock is trading above its 100-day and 200-day moving averages but below its 5-day 20-day and 50-day moving averages. Currently the stocks 14-day relative strength index (RSI) is 38.64. For context a level above 70 indicates that a stock is overbought or overvalued while a level below 30 suggests it is oversold or undervalued.
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