Lloyds Steel to allot 20000000 shares

Lloyds Steel Industries Ltd has announced that a Committee Meeting of the Board of Directors of the Company will be held on December 17, 2008, to allot 2,00,00,000 Equity Shares of Rs 10/- each issued on preferential basis.

The stock was trading at Rs.4.48, up by Rs.0.12 or 2.75%. The stock hit an intraday high of Rs.4.50 and low of Rs.4.37.

The total traded quantity was 51918 compared to 2 week average of 73422.

Source : Equity Bulls

Keywords