Kamdhenu Ispat to consider raising funds

Kamdhenu Ispat Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 14, 2007 to consider raising funds for capital expenditure and/or working capital by issue of further equity shares/warrants or any other instruments and to assign the trade mark among other things.

Shares of the company were trading up by Rs.1.10 or 3.95% at Rs.28.95 on volume of 10495 shares compared to 2 week average quantity of 13583. The stock had hit an intraday high of Rs.29.70 and low of Rs.26.80.

Source : Equity Bulls

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