Geometric allots 190500 shares

Geometric Ltd has announced that the Board of Directors of the Company at its meeting held on July 23, 2010, inter alia, has allotted 1,90,500 (One Lacs Ninety Thousands Five Hundred Only) Equity shares of Rs. 2/- each on the exercise of vested stock options under ESOP Scheme 2009.

The stock closed the day at Rs.77.35, down by Rs.3.20 or 3.97%. The stock hit an intraday high of Rs.81.70 and low of Rs.76.75.

The total traded quantity was 2.58 lakhs compared to 2 week average of 5.39 lakhs.

Source : Equity Bulls

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