Inditrade Capital witnessed a rise in share price on Wednesday after the company has taken an in principle decision to increase its existing shareholding in JRG International Brokerage DMCC (JRG DMCC), a company registered with the Dubai Multi Commodities Centre, upto an aggregate of 51% of the paid up capital of JRG DMCC, within a period of 24 months subject to the relevant regulatory approvals (both in India and UAE), if any.

Shares of Inditrade Capital  are trading at Rs 44.35, up Rs 0.5, or 1.14%  at the Bombay Stock Exchange (BSE) on Wednesday at 11:37 a.m.

The scrip has touched an intra-day high of Rs 48.85 and low of Rs 43.60. The total volume of shares traded at the BSE is 50,555.