Natco Pharma Ltd allots Equity Shares on Preferential Basis at Rs. 1200

The committee of Directors of Natco Pharma Ltd at a meeting held on December 16, 2014 allotted 1,61,775 equity shares of Rs. 10/- each at a premium of Rs. 1190/- per share on preferential basis other than cash to the promoters of Natco Organics Limited.

Shares of NATCO PHARMA LTD. was last trading in BSE at Rs.1334.3 as compared to the previous close of Rs. 1439.45. The total number of shares traded during the day was 6717 in over 1307 trades.

The stock hit an intraday high of Rs. 1450 and intraday low of 1321. The net turnover during the day was Rs. 9236744.

Source : Equity Bulls

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