Fund raising plan propels Tasty Bite Eatables to near 10-month high

Fund raising plan propels Tasty Bite Eatables to near 10-month high

Around 2,289 shares change hands by 10:45 am, which is 4.4 times the 30-day average.

Shares of prepared-foods maker Tasty Bite Eatables surged nearly 20 per cent to Rs 10,280, their highest since September, 2018.

The company will consider a proposal to raise funds via issue of equity shares on preferential basis, it said late Tuesday.

The stock marks the sharpest intraday jump since January 2018. Around 2,289 shares change hands by 10:45 am, which is 4.4 times the 30-day average.

Tasty Bite Eatables' share has gone down 3.9 per cent this year as of last close.
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