JIK Industries Ltd allots 202000 shares at Rs.13.80

JIK Industries Ltd has announced that the Board of Directors of the Company at its meeting held on October 12, 2007, inter alia, has considered to issue / allot 2,02,000 number of equity shares of Rs 10/- each @ a premium of Rs 3.80 (i.e. aggregate price Rs 13.80 per share) to investors.

The stock closed the day at Rs.8.61, up by Rs.0.41 or 5%. The stock hit an intraday high of Rs.8.61 and low of Rs.8.18.

The total traded quantity was 122227 compared to 2 week average of 27178.

Source : Equity Bulls

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