Austral Coke to consider raising funds on May 28, 2009

Austral Coke & Projects Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 28, 2009, inter alia, to consider, the various alternatives available towards raising of funds through GDRs / ADRs / FCCBs / QIP as deem fit and suitable to board.

The stock was trading at Rs.305.50, up by Rs.6.20 or 2.07%. The stock hit an intraday high of Rs.308 and low of Rs.301.

The total traded quantity was 5064 compared to 2 week average of 94236.

Source : Equity Bulls

Keywords