Well Pack Papers allots 235200 Equity Shares

Well Pack Papers & Containers Ltd has announced that the Board of Directors of the company at its meeting held on March 16, 2010, inter alia, has allotted 2,35,200 equity shares of Face Value of Rs 10/- each at a price of Rs 425/- per share which includes premium of Rs 415/- per share on preferential basis.

The stock was trading at Rs.30, up by Rs.0.10 or 0.33%. The stock hit an intraday high of Rs.30.80 and low of Rs.29.55.

The total traded quantity was 698840 compared to 2 week average of 809068.

Source : Equity Bulls

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