Concurrent (India) Infrastructure approves allotment of 10059999 shares

Concurrent (India) Infrastructure Ltd has announced that the Board of Directors of the Company at its meeting held on January 27, 2010, inter alia, has considered and approved the allotment of 1,00,59,999 equity shares on preferential basis.

The stock closed the day at Rs.11.29, up by Rs.1.02 or 9.93%. The stock hit an intraday high of Rs.11.29 and low of Rs.9.92.

The total traded quantity was 1042094 compared to 2 week average of 458221.

Source : Equity Bulls

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