Shilpi Cable Technologies to consider preferential issue

A meeting of the Board of Directors of Shilpi Cable Technologies Ltd will be held on December 27, 2013, to consider and approved further issue of equity shares or any other securities on preferential basis and to fixed the date of extra ordinary general meeting of shareholders of the Company to obtain their approval for the same.

Shares of Shilpi Cable Technologies Ltd was last trading BSE at Rs.21.75, up by Rs.0.45 or 2.11%. The stock hit an intraday high of Rs.22.50 and intraday low of Rs.21.35.

The total traded quantity was 8595 shares as compared to 2 week average of 0.16 lakh shares.

Source : Equity Bulls

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