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Stock Report
Gokaldas Exports clarifies on news regarding stake sale to Blackstone
Posted On : 2007-08-08 05:58:13( TIMEZONE : IST )
With reference to the news item appearing in a leading financial daily tilled "Blackstone set to invest $ 100mn in Gokaldas", Gokaldas Exports Ltd has clarified that these are the market speculative news articles. The Company prefer not to react to these articles / roomers.
The Company further wishes to state that, it is strictly adhering to the disclosure of corporate governance and any material information will be first intimated to the stock exchange before it is made to the public.
The stock closed the day at Rs.242.90, up by Rs.5.35 or 2.25%. The stock hit an intraday high of Rs.247 and low of Rs.241. The total traded quantity was 83537 compared to 2 week average of 99713.
