Kalindee Rail Nirman Engineers to consider raising funds on Feb 10, 2009

Kalindee Rail Nirman Engineers Ltd has announced that a meeting of the Board of Directors of the Company will be held on February 10, 2009, inter alia, to consider the issue of raising further capital through GDR / FCCB / convertible warrants route.

The stock was trading at Rs.114, up by Rs.0.85 or 0.75%. The stock hit an intraday high of Rs.115.95 and low of Rs.113.15.

The total traded quantity was 1947 compared to 2 week average of 5348.

Source : Equity Bulls

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