Magma Fincorp Ltd rose more than 9 %

Magma Fincorp Ltd rose more than 9 % following firm mentioned it plans to raise up to 4.4 bn rupees by trading share for a unit of Kohlberg , Kravis Roberts and International Finance Corp .

At 2:50 p.m., stock was high 8.14 percent at 75.05 rupees within a weak Mumbai market.

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