Simmonds Marshall allots 140000 shares

Simmonds Marshall Ltd has announced that the Board of Directors of the Company at its meeting held on March 17, 2010, has decided the allotment of 1,40,000 Equity Shares of Rs. 10/- each to the Promoters of the Company on preferential basis.

The stock was trading at Rs.135.30, up by Rs.6.40 or 4.97%. The stock hit an intraday high of Rs.135.30 and low of Rs.135.30.

The total traded quantity was 975 compared to 2 week average of 2326.

Source : Equity Bulls

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