Balrampur Chini allots 844550 Equity Shares

Balrampur Chini Mills Ltd has announced that the Company has allotted 844550 equity shares of Re. 1/- each at a price of Rs. 45 per share (including a premium of Rs. 44 per share) on June 05, 2010 to the eligible employees under the Employee Stock Option Scheme.

The stock was trading at Rs.79.55, down by Rs.2.55 or 3.11%. The stock hit an intraday high of Rs.80.70 and low of Rs.79.30.

The total traded quantity was 127355 compared to 2 week average of 759524.

Source : Equity Bulls

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