Sree Rayalaseema Hi Strength to consider allotment of shares on Aug 26, 2009

Sree Rayalaseema Hi Strength Hypo Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 26, 2009, inter alia, to consider the allotment of shares to promoters under preferential issue and fixation of the price of the same.

The stock was trading at Rs.31.05, up by Rs.1.05 or 3.50%. The stock hit an intraday high of Rs.31.50 and low of Rs.30.65.

The total traded quantity was 10500 compared to 2 week average of 5723.

Source : Equity Bulls

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