Shilpi Cable Technologies to allot 7080000 shares at Rs. 30

A meeting of the Board of Directors of Shilpi Cable Technologies Ltd will be held on February 05, 2014, to make allotment of 70,80,000 equity shares of Rs. 30/- each (including premium of Rs. 20/- each) on preferential basis.

Shares of Shilpi Cable Technologies Ltd was last trading in BSE at Rs.22, down by Rs.0.40 or 1.79%. The stock hit an intraday high of Rs.22.25 and intraday low of Rs.21.85.

The total traded quantity was 2787 shares as compared to 2 week average of 7337 shares.

Source : Equity Bulls

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