HDFC allots 319225 shares pursuant to exercise of options under ESOS

Housing Development Finance Corporation Ltd has on July 18, 2011 allotted 3,19,225 equity shares of Rs. 2 each pursuant to exercise of stock options by employees.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs. 294,04,99,850 consisting of 147,02,49,925 equity shares of Rs. 2 each.

The stock closed the day at Rs.700.30, up by Rs.6.85 or 0.99%. The stock hit an intraday high of Rs.701.85 and low of Rs.690.

The total traded quantity was 3.95 lakhs compared to 2 week average of 1.70 lakhs.

Source : Equity Bulls

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