Prism Informatics gains 5% ahead of board meeting

In a release sent BSE, company said, "A meeting board of directors will be held on June 13, 2012, to consider the proposal of issue of 12%, 5 lakh compulsory convertible debentures (CCDs - V) of Rs 100 each on preferential basis aggregating to Rs 5 crore."

At 10:45 hours IST, the share was trading at Rs 33.35, up 4.87%. There were pending buy orders of 100 shares, with no sellers available.
 
Even its trading volumes increased 117% to 11,234 shares as compared to its 5-day average of 5,184 shares.

Market capitalisation of the company currently stands at Rs 49.25 crore.