Stock Market Today, March 20 -- Small-cap stock below Rs.50, Vishal Fabrics Ltd has gained 3% during intraday trades on Thursday on acquisition buzz

Vishal Fabrics Ltd, Intimated exchanges Update on Investment in Quality Exim Private Limited

Vishal Fabrics share price opened at Rs.25 on the BSE on Thursday. At the time of opening the Vishal Fabrics share price was almost2.5% higher than the previous days closing price of Rs.24.32. Vishal Fabrics share price gained further to intraday highs of Rs.25.40 which translated to intraday gains of up to 4.5%.

Vishal Fabrics in its release on the exchanges said that it has acquired 192000 Equity Shares of M/s. Quality Exim Private Limited at price of Rs. 260 as per valuation report, amounting of...