Stock Report

Shah Alloys to enter into automobiles manufacturing



Posted On : 2007-05-14 03:47:07( TIMEZONE : IST )

Shah Alloys to enter into automobiles manufacturing

Shah Alloys Ltd has announced that the Company is planning foray into automobiles manufacturing - particularly - Motorcycles / Scooters. The project is under initial stage and is subject to approvals from shareholders and others as may be required.

The stock was trading at Rs.89, up by Rs.4.70 or 5.58%. The stock hit an intraday high of Rs.89.60 and low of Rs.85.50. The total traded quantity was 29774 compared to 2 week average of 43484.

Source : Equity Bulls

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