News for North Eastern Carrying Corporation Limited (NECCLTD.BO)

The right issue Committee of NECC approved the allotment of 4,51,77,602 equity shares with a face value of 10 each for cash at an issue price of Rs 18 each.

Based on the OI percentage, 70 stocks were on the short-covering list. These included Reliance Industries, Can Fin Homes, Eicher Motors, Infosys, and Godrej Properties. A decrease in OI along with a price increase is an indication of short-covering.

Letter of Offer For Eligible Shareholders Only Wednesday, May 24, 2023 NORTH EASTERN... | May 30, 2023

MTAR, REC, RailTel, Jubilant BPCL, Kranti Industries, PVR Inox, Quesì Corp, JK Tyres, Sterilte, Thermax and Devyani International are some of the stocks that are in focus

BSE Sensex and Nifty 50 were trading half a per cent down on the last day of the week, dragged by sell off in index heavyweights