J Kumar Infraprojects allots 40 lakh warrants at Rs 60

J Kumar Infraprojects Ltd has announced that the Board of Directors of the Company at its meeting held on May 30, 2009 has allotted 40,00,000 Convertible Warrants at a price of Rs.60/- per share on Preferential basis.

The stock was trading at Rs.116.15, up by Rs.5.50 or 4.97%. The stock hit an intraday high of Rs.116.15 and low of Rs.113.

The total traded quantity was 64112 compared to 2 week average of 96140.

Source : Equity Bulls

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