Bodhtree Consulting clocks 2% gains on the bourses

The company to consider the proposal of fund raising by way of issue of Convertible Securities, Qualified Institutions Placement or Preferential Issue or other instruments as per SEBI (ICDR) Regulations.

Aug 17, 2016 04:08 IST India Infoline News Service

Bodhtree Consulting Ltd has informed BSE that the meeting of the Board of Directors of the Company will be held on August 20, 2016, to consider the proposal of fund raising by way of issue of Convertible Securities, Qualified Institutions Placement or Preferential Issue or other instruments as per SEBI (ICDR) Regulations.

Bodhtree Consulting Ltd is currently trading at Rs. 30, up by Rs. 0.25 or 0.84% from its previous closing of Rs. 29.75 on the BSE.

The scrip opened at Rs. 28.25 and has touched a high and low of Rs. 30 and Rs. 28.25 respectively. So far 2003(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 53.69 crore.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 57.25 on 07-Jan-2016 and a 52 week low of Rs. 20.35 on 07-Sep-2015. Last one week high and low of the scrip stood at Rs. 33.9 and Rs. 29 respectively.

The promoters holding in the company stood at 62.96 % while Institutions and Non-Institutions held 0.55 % and 36.49 % respectively.

The stock is currently trading below its 200 DMA.

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