Jindal Photo is trading higher ahead of board meeting to consider merger with Jindal poly Films.
The company, today informed the BSE that the board meeting of the Jindal Photo will be held on January 12, 2015 to discuss and approve a scheme of arrangement between the company and Jindal Poly Films.
So far, the stock has soared 7.6 per cent to touch a high at Rs. 235. Currently, the stock is up 4 per cent at Rs. 227.
On the BSE counter, so far, 29,000 shares are traded, against its two-week daily average volume of 66,000 shares.
Meanwhile, the Sensex is up 15 points at 27,903.