Moser Baer surges on plan to recast dollar bonds

Moser Baer (India)gained on Thursday after the company announced it isplanning torestructure of theForeign Currency Convertible Bonds (FCCBs)in the near future. The company had issued FCCBs worth USD 150 million in 2007 due in 2012. Shares ofthe companyare trading at Rs 9.48, up Rs 0.38, or 4.18% at the Bombay Stock Exchange (BSE) on Thursday at 1:15 p.m.The scrip has touched an intra-day high of Rs 9.71 and low of Rs 9.19. The total volume of shares traded at the BSE is 551,750.In the earlier session, the shares declined 0.33%, or Rs 0.030, at Rs 9.10. Currently, the stock is trading down 77.27% from its 52-week high of Rs 41.70 and above 6.52% over the 52-week low of Rs 8.90.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 9.31 (0.21) (2.26) 1 Month 11.09 (1.99) (17.94) 3 Months 18.15 (9.05) (49.86) 6 Months 13.85 (4.75) (34.30) 1 Year 40.45 (31.35) (77.50) Note: Based on previous day closing price.