Only buyers in Hindustan Motors; stock up 5%

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Only buyers in Hindustan Motors; stock up 5%

Hindustan Motors special committee proposed preference issue of 1.18 crore shares at 12.25 per share to Amer Investments subject to approval, reports CNBC-TV18.

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Hindustan Motors special committee proposed preference issue of 1.18 crore shares at 12.25 per share to Amer Investments subject to approval, reports CNBC-TV18.

At 09:31 hrs the share was quoting at Rs 10.59, up Rs 0.50, or 4.96%. It touched an intraday high of Rs 10.59 and an intraday low of Rs 10.57.
 
There were pending buy orders of 5,741 shares, with no sellers available. It was trading with volumes of 32,543 shares.
 
In the previous trading session, the share closed up 0.80% or Rs 0.08 at Rs 10.09.