Electrosteel Castings Ltd board approves issue 4,85,26,861 equity shares

The Board of Directors of Electrosteel Castings Ltd at its meeting held today, have approved the issuance of 4,85,26,861 Equity Shares of Re.1.00 each on a preferential basis subject to the approval of the Members in the Extra-ordinary General Meeting of the Company.

Shares of ELECTROSTEEL CASTINGS LTD. was last trading in BSE at Rs.22.25 as compared to the previous close of Rs. 22.45. The total number of shares traded during the day was 41998 in over 210 trades.

The stock hit an intraday high of Rs. 22.85 and intraday low of 21.9. The net turnover during the day was Rs. 947530.

Source : Equity Bulls

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