Stock Market : Uma Petroproducts India Ltd

Uma Petroproducts India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 21, 2007, has considered and approved the following:
1. Increase in Authorised Capital from Rs 6,00,00,000/- (Rupees Six Crores) to Rs 10,00,00,000/- (Rupees Ten Crores).
1. Split up the shares of Rs 10/- (Rupees Ten Only) each into shares of Rs 1/- (Rupees One Only) each.
3. Issue of Preference Shares on preferential basis to raise further capital.
4. To obtain approval of Shareholders for the above matters by way of Postal Ballot.
They are reported in batter excellent result in last quarter ended.So I am Say Stock And Stock Market price will be increased.The current Stock Market price is Rs.24 for three month target of Rs.50.
Posted on 28th November 2007
Under: Bombay stock exchange, Penny stock, Stock, Stock exchange, Stock market, Stock market news, Stock prices, Stock quote | No Comments »
