Shree Steel Wire Ropes to consider preferential issue on Mar 02, 2010

Shree Steel Wire Ropes Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 02, 2010, to consider the issue of Warrants or come out with preferential issue or with both of them to raise their capital of the Company.

The stock was trading at Rs.7, down by Rs.0.05 or 0.71%. The stock hit an intraday high of Rs.7 and low of Rs.7.

The total traded quantity was 100 compared to 2 week average of 465.

Source : Equity Bulls

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