Hindalco Industries allots 13882 Shares

Hindalco Industries Ltd has announced that the Committee of Directors vide their resolution dated May 05, 2010 has allotted 13882 equity shares of par value of Re. 1/- to the optionees as detailed in the resolution, pursuant to the exercise of the options granted to the employees under the Company's Employee Stock Option Scheme, 2006.

The stock was trading at Rs.162.05, down by Rs.2.15 or 1.31%. The stock hit an intraday high of Rs.163.50 and low of Rs.158.10.

The total traded quantity was 798820 compared to 2 week average of 1029865.

Source : Equity Bulls

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