Metkore Alloys & Industries Ltd announces sale of shares by Promoter

One of the Promoter viz., Mr. Prashant Boorugu has disposed off 317722 equity shares, which constitutes 0.45% of the Capital of Metkore Alloys & Industries Ltd of Rs. 2/- each between October 16 and December 05, 2015.

Mr. Prashant Boorugu is holding 1,89,42,582 equity shares of Rs. 2/- each in the Company, which constitutes 26.89% of the total paid up capital [of which 1,62,60,304 equity shares have been pledged favouring Reliance Capital Limited].

Shares of METKORE ALLOYS & INDUSTRIES LTD. was last trading in BSE at Rs.2.95 as compared to the previous close of Rs. 2.84. The total number of shares traded during the day was 12860 in over 18 trades.

The stock hit an intraday high of Rs. 2.95 and intraday low of 2.7. The net turnover during the day was Rs. 35041.

Source : Equity Bulls

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