Adhunik Metaliks to acquire majority stake in V Cube Forge (India) Ltd

Adhunik Metaliks Ltd has announced that the Board of Directors of the Company at its meeting held on September 21, 2007, has approved acquisition of majority stake holding in V Cube Forge (India) Ltd.

The stock was trading at Rs.97.35, up by Rs.4.30 or 4.62%. The stock hit an intraday high of Rs.101.50 and low of Rs.94.45.

The total traded quantity was 232709 compared to 2 week average of 1164435.

Source : Equity Bulls

Keywords