Alchemist Board to consider consolidation of shares to Rs.10

Alchemist Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 12, 2007, for considering the consolidation of 10 equity shares having face value of Rs 1/- each in to One equity share of Rs 10/- each or such number of shares to be decided by the Board.

Shares of the company closed the day at Rs.9.55, up by Re.0.41 or 4.49%. The total traded quantity was 372585 shares compared to 2 week average quantity of 349238. The stock had an intraday high of Rs.9.74 and low of Rs.9.11.

Source : Equity Bulls

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