Emami Infrastructure Listing | Emami Infra | Emami Shares Listed at Rs 250 Today |

Wednesday, July 28, 2010

Indian markets are expected to open flat on the back mixed sentiments seen on the global counters. The crucial support for the Nifty is 5380 and strong resistance at 5550. Markets have continued to gain momentum due to robust FII inflows, healthy first quarter results and stable global markets, while we remain cautious on global economic concerns and any profit-booking attempt in domestic front may result in downsides.

Emami Infrastructure Listing, Emami Infra, Emami Shares Listed at Rs 250 Today

The list has been a grant from the shareholders 1 share of infrastructure Emami will be issued for each share I’ve got 3, while the stock of the Imams of 2 INR 14 each will be issued per share of Zandu 1 100 INR per piece.

At 2:09pm Emami Infra was trading at Rs 105.95 down Rs 408.9 or 79.43% compared to its previous closing of Rs 514.85.At one point share price of Emami Infra came down to Rs 86 during intra day trading today.

The shares of the company were listed at Rs. 250 per share, it touched the mark of Rs. 293 high in a day and than it came down to a low of 158. On National Stock Exchange the share of Emami Infr Ltd were opened at Rs. 598 which were later seen trading on Rs. 161.95.

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