Dhampur Sugar Mills acquires shares of subsidiary Ehaat

India Infoline News Service | Mumbai | July 22, 2017 09:19 IST

Dhampur Sugar Mills has informed about the acquisition of the equity shares in its wholly-owned subsidiary company Ehaat Limited, on Friday.

Dhampur Sugar Mills has informed about the acquisition of the equity shares in its wholly-owned subsidiary company Ehaat Limited, on Friday.
 
The company's investment of Rs 2 crore in its subsidiary by way of subscribing 20 lakh equity shares of Rs 10 each at par on rights basis.
 
Dhampur Sugar Mills holds entire 37,70,000 equity share of Rs 10 each in Ehaat and it continues to be wholly-owned subsidiary of the company.
 
On Friday, shares of Dhampur Sugar Mills closed at Rs 229.65, up by 4.17% on BSE. It opened at Rs 222.85 per share. It touched an intraday high of Rs 231.85 and low of Rs 218.15. The stock's 52-week high and low stood at Rs 256.60 and Rs 96.05, respectively.
 
Stock View:
 
Dhampur Sugar Mills Ltd ended at Rs 229.65, up by Rs 9.2 or 4.17% from its previous closing of Rs 220.45 on the BSE.
 
The scrip opened at Rs 222.85 and touched a high and low of Rs 231.85 and Rs 218.15 respectively. A total of 1006789(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1524.59 crore.
 
The BSE group 'B' stock of face value Rs 10 touched a 52 week high of Rs 256.6 on 21-Apr-2017 and a 52 week low of Rs 96.05 on 09-Nov-2016. Last one week high and low of the scrip stood at Rs 231.85 and Rs 200.4 respectively.
 
The promoters holding in the company stood at 49.09 % while Institutions and Non-Institutions held 4.02 % and 46.89 % respectively.
 
The stock traded above its 100 DMA

***Note: This is a NSE Chart

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.