Opto Circuits allots 21430484 equity shares

Opto Circuits India Ltd has announced that the Company on September 15, 2009 allotted 2,14,30,484 Equity Shares under Qualified Institutional Placement (QIP) at Rs. 186.65 (Rs. 10/- face Value and Rs. 176.65 Premium) and the Company has also obtained the listing approval for these shares.

The stock was trading at Rs.200.40, down by Rs.2.05 or 1.01%. The stock hit an intraday high of Rs.203.50 and low of Rs.200.

The total traded quantity was 75504 compared to 2 week average of 877516.

Source : Equity Bulls

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