IFB Industries to consider preferential issue on Nov 23, 2011

A meeting of the Board of Directors of IFB Industries Ltd will be held on November 23, 2011 to consider Preferential issue of equity shares to promoters and other matters.

The stock closed the day at Rs.73.75, up by Rs.4.15 or 5.96%. The stock hit an intraday high of Rs.76.55 and low of Rs.71.

The total traded quantity was 12883 compared to 2 week average of 8956.

Source : Equity Bulls

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