Consolidated Construction climbs 5% on approval of CDR plan - The New Indian Express

Consolidated Construction climbs 5% on approval of CDR plan

Published: 04th April 2014 03:19 PM

Last Updated: 04th April 2014 03:19 PM

Consolidated Construction Consortium climbed on Friday after the Corporate Debt Restructuring (CDR) proposal of the company has been approved in the CDR EG on Mar. 24, 2014.

The provisional Letter of Approval has been issued on Mar. 28, 2014 by the CDR Cell.Shares ofthe companyare trading at Rs 4, up Rs 0.19, or 4.99% at the Bombay Stock Exchange (BSE) on Friday at 2:05 p.m.The scrip has touched an intra-day high of Rs 4 and low of Rs 3.98. The total volume of shares traded at the BSE is 9,285.In the earlier session, the shares rose 4.38%, or Rs 0.16, at Rs 3.81. Currently, the stock is trading down 69.63% from its 52-week high of Rs 13.17 and above 110.53% over the 52-week low of Rs 1.90.

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