SV Electricals allots 15500000 shares

SV Electricals Ltd has announced that the Board of Directors of the Company at its meeting held on December 01, 2009, inter alia, allotted 15,500,000 Equity Shares on a Preferential basis to the shareholders.

The stock was trading at Rs.26.90, up by Rs.1.15 or 4.47%. The stock hit an intraday high of Rs.26.90 and low of Rs.26.80.

The total traded quantity was 300 compared to 2 week average of 1643.

Source : Equity Bulls

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