Shilpa Medicare allots 500000 Shares

The Board of Shilpa Medicare Ltd has allotted 5,00,000 equity shares of Rs. 2/- each at a premium of Rs. 348/- on March 22, 2012 to the share Warrant holders pursuant to the shareholders' resolution dated September 10, 2010.

The Shilpa Medicare Ltd stock was trading at Rs.240.50, up by Rs.3.35 or 1.41%. The stock hit an intraday high of Rs.247.80 and low of Rs.234.

The total traded quantity was 5214 compared to 2 week average of 3426.

Source : Equity Bulls

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