Sterling Holiday Resorts allots 400000 Equity Shares

Sterling Holiday Resorts India Ltd has announced that the Board of Directors of the Company at its meeting held on August 20, 2010, have allotted 4,00,000 Equity Shares on conversion of Warrants.

The stock closed the day at Rs.95.45, down by Rs.3.15 or 3.19%. The stock hit an intraday high of Rs.98.90 and low of Rs.95.05.

The total traded quantity was 71039 compared to 2 week average of 358514.

Source : Equity Bulls

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