Monnet Ispat allots 445194 Equity Shares

Monnet Ispat Ltd has increased the paid-up equity share capital on February 25, 2011 by making an allotment of 445194 equity shares of Rs. 10/- each upon conversion of 32 FCCBs due 2011.

The stock was trading at Rs.552.50, up by Rs.7.10 or 1.30%. The stock hit an intraday high of Rs.568.90 and low of Rs.550.

The total traded quantity was 2448 compared to 2 week average of 1731.

Source : Equity Bulls

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