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Stock Report
Kotawala India to consider acquisition of hotel properties
Posted On : 2007-05-14 07:28:02( TIMEZONE : IST )
Kotawala India Ltd has announced that the Board of Directors of the Company at its meeting held on February 15, 2007, for the purpose of considering the proposal of acquisition of hotel property at Goa or any other city in India. However, the meeting was inconclusive and no decision was arrived at the said meeting.
The stock closed the day at Rs.51.20, up by Rs.2.40 or 4.92%. The total traded quantity was 16259 compared to 2 week average of 7160. The stock hit an intraday high of Rs.51.20 and low of Rs.49.55.
