Coromandel Engineering Company Ltd Board to consider Right Issue

A meeting of the Board of Directors of Coromandel Engineering Company Ltd will be held on September 05, 2013, to consider and if thought fit, to approve the proposal for further issue of equity shares on Rights basis, to existing shareholders of the Company and increase in authorised capital of the Company and related matters thereof.

Shares of Coromandel Engineering Company Ltd was last trading in BSE at Rs.176, up by Rs.8.25 or 4.92%. The stock hit an intraday high of Rs.176 and low of Rs.176.

The total traded quantity was 50 compared to 2 week average of 60.

Source : Equity Bulls

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