Jhaveri Flexo drops proposal for FPO

The Company had filed DRHP with the SEBI on November 01, 2007 for further public issue of equity shares for financing its expansion plan and diluting the promoters holding.

The stock was trading at Rs.66, up by Rs.2 or 3.13%. The stock hit an intraday high of Rs.69 and low of Rs.61.

The total traded quantity was 202 compared to 2 week average of 1286.

Source : Equity Bulls

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