JBF Industries allots 5290471 Shares

JBF Industries Ltd has announced that the Committee of Board of Directors for Qualified Institutions Placement of the Company at its meeting held on September 30, 2010, have allotted to the investors 52,90,471 equity shares of Rs.10/- each at a premium of Rs. 147.15 per share.

The stock was trading at Rs.155.50, up by Rs.0.05 or 0.03%. The stock hit an intraday high of Rs.159.10 and low of Rs.153.55.

The total traded quantity was 1.62 lakhs compared to 2 week average of 3.33 lakhs.

Source : Equity Bulls

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