Uttam Value Steels allots shares at Rs. 15.50

The Committee of Directors of Uttam Value Steels Ltd at their meeting held on April 09, 2014 allotted 12,70,96,774 Equity shares of Rs. 10/- each at a price of Rs. 15.50 per equity share to UD Industrial Holding Pte Limited on preferential basis.

Shares of UTTAM VALUE STEELS LTD. was last trading in BSE at Rs.7.11 as compared to the previous close of Rs. 6.59. The total number of shares traded during the day was 106714 in over 361 trades.

The stock hit an intraday high of Rs. 7.24 and intraday low of 6.48. The net turnover during the day was Rs. 741922.

Source : Equity Bulls

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