Granules India Board to consider preferential issue

Granules India Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 09, 2007, inter alia, to consider the issue of equity shares on preferential basis subject to the approval of the shareholders of the Company.

The stock was trading at Rs.121.30, up by Rs.2.25 or 1.89%. The stock hit an intraday high of Rs.121.95 and low of Rs.120. The total traded quantity was 28213 compared to 2 week average of 135135.

Source : Equity Bulls

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