Coromandel Fertilisers to consider results, merger of Godavari Fertilisers

Coromandel Fertilisers Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 24, 2007, inter alia, to consider and approve the unaudited financial results for the first quarter ended June 30, 2007 and will also consider a Scheme of Amalgamation of M/s. Godavari Fertilisers And Chemicals Ltd with the Company.

The stock closed the day at Rs.84.25, up by Rs.0.20 or 0.24%. The stock hit an intraday high of Rs.85.90 and low of Rs.83. The total traded quantity was 33739 compared to 2 week average of 59337.

Godavari Fertilisers stock closed the day at Rs.124, up by Rs.11.25 or 9.98%. The stock hit an intraday high of Rs.124 and low of Rs.111.25. The total traded quantity was 8794 compared to 2 week average of 2563.

Source : Equity Bulls

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