Sobha Developers to consider raising funds on May 04, 2009

Sobha Developers Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 04, 2009, inter alia, to consider the various alternatives available towards raising of additional capital by the Company.

The Stock closed the day at Rs.98.85, up by Rs.0.80 or 0.82%. The stock hit an intraday high of Rs.100 and low of Rs.96.20.

The total traded quantity was 35152 compared to 2 week average of 109769.

Source : Equity Bulls

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