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India Infoline allots ESOS; stock slips 2.5%

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BS Reporter Mumbai

The stock finally ended at Rs 141, down 2.5%. Over 1.18 shares were traded on the BSE today.
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(Updated at 1223 hrs)

India Infoline has slipped 5% even as the company alloted 3 lakh ESOS.

The stock opened 5.5% higher at Rs 153 and then slipped 5% to a low of Rs 138. The stock is currently trading at Rs 141, down 3%. In the process, it has gained 86% in the last month. Around 660,338 shares have been traded on the BSE so far.

Financial services company India Infoline today informed the BSE that it has granted 3,00,000 Employee Stock Options at Rs 100 a piece to the employees under the Employee Stock Option Scheme, 2008.

 

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First Published: May 28 2009 | 4:07 PM IST

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