Chennai Petroleum Corporation to consider rights issue proposal on on May 16, 2014

A meeting of the Board of Directors of Chennai Petroleum Corporation Ltd will be held on May 16, 2014, to consider a proposal for In-Principle approval for Issue of Rights Shares to the shareholders of the Company.

Shares of CHENNAI PETROLEUM CORPORATION LTD. was last trading in BSE at Rs.82.8 as compared to the previous close of Rs. 80.3. The total number of shares traded during the day was 236593 in over 4163 trades.

The stock hit an intraday high of Rs. 84.3 and intraday low of 80.5. The net turnover during the day was Rs. 19483721.

Source : Equity Bulls

Keywords