Hinduja Foundries Ltd to open GDR issue on Mar 18, 2016

Subsequent to the approval accorded by the Board of Directors of Hinduja Foundries Ltd, at its meeting held on January 25, 2016 and the approval of the shareholders of the Company by way of a special resolution passed through postal ballot results announced on March 08, 2016, the Finance Committee of the Board of Directors of the Company has, at its meeting held on March 15, 2016, decided the opening of the Global Depository Receipts Issue on March 18, 2016.

Shares of HINDUJA FOUNDRIES LTD. was last trading in BSE at Rs.36.85 as compared to the previous close of Rs. 35.1. The total number of shares traded during the day was 200 in over 9 trades.

The stock hit an intraday high of Rs. 37.9 and intraday low of 35.9. The net turnover during the day was Rs. 7325.

Source : Equity Bulls

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