Gujarat State Petronet allots 44650 shares

Gujarat State Petronet Ltd has announced that the Board of Directors of the Company at its meeting held on October 27, 2010, inter alia, has approved allotment of 44,650 Equity Shares under Employees Stock Option Scheme (ESOP) consequent to which the paid up Share Capital of the Company has increased from Rs. 562,52,39,290 to Rs. 562,56,85,790.

The stock was trading at Rs.113.80, down by Rs.4.10 or 3.48%. The stock hit an intraday high of Rs.118 and low of Rs.113.40.

The total traded quantity was 4.93 lakhs compared to 2 week average of 12.12 lakhs.

Source : Equity Bulls

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