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Nov 28, 2006, 06.56 PM IST
The day saw 7.5 lakh shares of Hiran Orgochem being traded, the value being Rs 98. They have just announced a preferential allotment at Rs 140 per share though their current market price is only about Rs 98.
The day saw 7.5 lakh shares of Hiran Orgochem being traded, the value being Rs 98. They have just announced a preferential allotment at Rs 140 per share though their current market price is only about Rs 98.
Hiran Orgochem is making this preferential placement to the promoters and investors like cello Thermoware
Director of Hiran Orgochem , Vijay Hiran says that currently the real estate market is in a good boom and they are looking forward to a good scope there. “We have some arrangements in Coimbatore, so currently we are looking for that” he informs. Currently they are looking for developing 100 acres land in Coimbatore. There has been an increase in authorised share capital from Rs 11 crore to Rs 15 crore. They have undertaken 2 phased capex expansion and intend to increase capacity to 2000 tonnes.
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