MIC Electronics to consider preferential issue on Feb 27, 2012

A meeting of the Board of Directors of MIC Electronics Ltd will be held on February 27, 2012, for further issue of Shares/ Warrants convertible into equity shares, on preferential basis.

The MIC Electronics Ltd stock closed the day at Rs.12.09, up by Rs.1.79 or 17.38%. The stock hit an intraday high of Rs.12.36 and low of Rs.10.81.

The total traded quantity was 38 lakhs compared to 2 week average of 2.77 lakhs.

Source : Equity Bulls

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