Mobavenue AI Tech Rockets 5% to Upper Circuit on ₹100 Crore Fundraise Approval!

Overview

Mobavenue AI Tech shares surged 5% to ₹1,094.8 on the BSE, hitting the upper circuit. The surge followed the board's approval to raise ₹100 crore via preferential issue. Funds will fuel strategic acquisitions, technology enhancement, and market expansion, including deepening AI and data intelligence capabilities.