Bihar Tubes allots bonus shares

Bihar Tubes Ltd has announced that the Board of Directors of the Company at its meeting held on June 06, 2007, inter alia, has allotted 3198000 Equity Shares, Fully Paid, as Bonus Shares in the Ratio of 1:1 to the existing shareholders of the Company as on the Record Date i.e. May 26, 2007.

The stock closed the day at Rs.84.90, up by Rs.1.95 or 2.35%. The stock hit an intraday high of Rs.87 and low of Rs.82.25. The total traded quantity was 166268 compared to 2 week average of 42880.

Source : Equity Bulls

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