Don't miss action in this stock that has announced rights issue worth Rs 49,52,21,505!

Today, shares of the company saw a spurt in volume by more than 2.48 times on BSE.  

Today, shares of Aarti Surfactants Ltd soared 1.74 per cent to the day’s high of Rs 647.80 apiece from its previous closing of Rs 636.75 apiece. At 15:30 IST, the company's shares ended the day at Rs 640.15 per share, up 0.53 per cent.  

Recently, the company announced a right issue for the shareholders in the ratio of 2:17. The price for the right issue is Rs 555 per share. The company has set January 17, 2023 as the record date for the rights issue. The issue opening date is January 25, 2023 and the issue closing date is February 03, 2023, which will have a total issue size of 8,92,291 fully paid-up equity shares aggregating to an amount of Rs 49,52,21,505.  

Aarti Surfactants Limited manufactures specialty chemicals. The company offers surfactants, blends and preservatives for home and personal care, industrial applications, agro and oil industries. The company serves customers worldwide. Today, shares of the company saw a spurt in volume by more than 2.48 times on BSE.  

Talking about the financials, Aarti Surfactants Ltd has a market cap of Rs 485.52 crore. In FY22 net sales rose by 23.61 per cent compared to FY21. The stock has a 52-week high of Rs 1,095 and a 52-week low of Rs 599. Investors should keep an eye on this Small-Cap stock.