Shares of Palred Technologies will remain in foucs, as the company's board of directors is meeting on Monday (March 13) to consider fund raising plans. In a notification to the stock exchanges, the Hyderabad-based company said it will be raising funds by way of preferential issue of equity shares. Since the announcement, the fortunes of the stock revived dramatically in the last two days, as it gained over 16 per cent. Analysts will closely watch the pricing and quantum of the issue.

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