The Board of Directors of the company announced fundraising of an amount not exceeding Rs 125 crore through a rights issue to the eligible equity shareholders of the company as on record date (to be notified subsequently), for the purpose of the induction up to an amount of Rs 105 crore in a subsidiary company, Nurture Well Foods Private Limited by way of investment in equity shares and unsecured loan and the general corporate purpose to the extent of Rs 20 crore.
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Integrated Technologies Ltd designs and manufactures printed circuit boards (PCB). The company produces single and double-sided and multilayer PCBs. Integrated Technologies markets its products in India.
Talking about the financials, Integrated Technologies has a market cap of Rs 53.65 crore with a 3-year CAGR of 475 per cent. The stock has a PE of 39.33x, a ROE of 224 per cent and a ROCE of 175 per cent respectively. The company reported positive numbers in its annual results. The company is almost debt free.