DB International Stock Brokers allots 40 lakh shares

DB International Stock Brokers Ltd has announced that the Board of Directors of the Company at its meeting held on December 03, 2009, has converted 40,00,000 warrants into 40,00,000 equity shares and allotted 40,00,000 equity shares on preferential basis to the interested investors of the Company.

The stock closed the day at Rs.46.10, up by Rs.2.15 or 4.89%. The stock hit an intraday high of Rs.46.10 and low of Rs.46.10.

The total traded quantity was 425 compared to 2 week average of 137.

Source : Equity Bulls

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