Hindalco Industries allots 17510 equity shares

Hindalco Industries Ltd has announced that the Committee of Directors vide their resolution dated July 06, 2010 has allotted 17510 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.150.70, down by Rs.0.25 or 0.17%. The stock hit an intraday high of Rs.151.80 and low of Rs.149.80.

The total traded quantity was 304069 compared to 2 week average of 1521751.

Source : Equity Bulls

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