Nicco Corporation referred to BIFR

Nicco Corporation Ltd has announced that as discussed by the Board of Directors of the Company, and pursuant to advice given by Legal Counsel, the Company is making a reference to the Board for Industrial and Financial Reconstruction (BIFR) as per requirement of SICA.

The stock closed the day at Rs.4.72, up by Rs.0.06 or 1.29%. The stock hit an intraday high of Rs.4.84 and low of Rs.4.67.

The total traded quantity was 9777 compared to 2 week average of 67192.

Source : Equity Bulls

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