Sunstar Realty Development allots 36,45,000 shares

The Board of Directors of Sunstar Realty Development Ltd at its meeting held on December 26, 2013, has allotted 36,45,000 equity shares by way of preferential allotment pursuant to the approval received from the shareholders in Extra-ordinary General Meeting dated November 08, 2013.

Shares of Sunstar Realty Development Ltd was last trading BSE at Rs.74.25, up by Rs.6.75 or 10%. The stock hit an intraday high of Rs.74.25 and intraday low of Rs.74.25.

The total traded quantity was 3000 shares as compared to 2 week average of 0.18 lakh shares.

Source : Equity Bulls

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