IOL Netcom to raise Rs 250 crore

IOL Netcom Ltd has announced that the Board of Directors of the Company at its meeting held on July 07, 2009, has authorized the Executive Committee to consider the raising of fund upto Rs 250,00,00,000/- (Two Fifty Crore only).

The stock closed the day at Rs.28.95, down by Rs.3.10 or 9.67%. The stock hit an intraday high of Rs.31.50 and low of Rs.28.60.

The total traded quantity was 31223 compared to 2 week average of 37625.

Source : Equity Bulls

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