Aditya Birla Nuvo’s Managing Director Lalit Naik resigns

India Infoline News Service | Mumbai | October 14, 2016 09:20 IST

The resignation shall be effective from the close of business hours on November 30, 2016.

Aditya Birla Nuvo
Aditya Birla Nuvo Ltd has informed BSE that Lalit Naik, Managing Director of the Company has tendered his resignation from the services of the Company. The resignation shall be effective from the close of business hours on November 30, 2016.

Aditya Birla Nuvo Ltd is currently trading at Rs 1396.6, down by Rs 1.2 or 0.09% from its previous closing of Rs 1397.8 on the BSE.
 
The scrip opened at Rs 1392 and has touched a high and low of Rs 1400 and Rs 1392 respectively. So far 18871(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 18202.95 crore.
 
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1664 on 09-Aug-2016 and a 52 week low of Rs 685 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs 1451.8 and Rs 1385 respectively.
 
The promoters holding in the company stood at 58.4 % while Institutions and Non-Institutions held 25.81 % and 15.78 % respectively.
 
The stock is currently trading above its 50 DMA.

***Note: This is a NSE Chart

 

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