Parenteral Drugs allots 6466708 Bonus Shares

Parenteral Drugs India Ltd has announced that the Board of Directors of the Company at its meeting held on September 15, 2010, inter-alia, has issued and allotted 64,66,708 fully paid up bonus equity shares on capitalization of the profits of the Company in the ratio of 1 (one) bonus share for every 3 (three) equity shares held by the members of the Company.

The stock closed the day at Rs.235.60, up by Rs.0.65 or 0.28%. The stock hit an intraday high of Rs.242.90 and low of Rs.231.10.

The total traded quantity was 0.37 lakhs compared to 2 week average of 0.41 lakhs.

Source : Equity Bulls

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