Sterling Biotech FCCBs listed in Singapore Stock Exchange

Sterling Biotech Ltd has announced that the issue of Foreign Currency Convertible Bonds due 2012 (FCCB due 2012). Further the Company has informed that it has issued the FCCBs aggregating to US$ 250 million and the same have been listed on the Singapore Stock Exchange.

The stock was trading at Rs.159.70, up by Rs.1.60 or 1.01%. The stock hit an intraday high of Rs.164.90 and low of Rs.158.75. The total traded quantity was 74330 compared to 2 week average of 169995.

Source : Equity Bulls

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