Nitin Spinners allots 50 lakh Shares

Nitin Spinners Ltd has announced that a Committee of Directors of the Company has allotted 50,00,000 Equity Shares of Rs. 10/- each at par to the Promoter / Promoters' Group of the Company on preferential basis.

The stock was trading at Rs.7.66, up by Rs.0.01 or 0.13%. The stock hit an intraday high of Rs.7.70 and low of Rs.7.41.

The total traded quantity was 4150 compared to 2 week average of 4595.

Source : Equity Bulls

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