Empee Distilleries Ltd
is currently trading at Rs 54.6, up by Rs 1.25 or 2.34% from its previous closing of Rs 53.35 on the BSE
The company's board meeting is scheduled to be held on December 26, to consider and approve sale of 1,95,12,997 equity shares of Rs 10 each held by the company in Empee Hotels (unlisted entity).
The scrip opened
at Rs 55 and has touched a high and low of Rs 56.55 and Rs 54.25 respectively. So far 233946 (NSE
+BSE) shares were traded on the counter. The current market cap of the company is Rs 101.41 crore.
The board will also consider to amend/ratify/ modify certain clauses in the EGM notice explanatory statement dated October 27, 2016 to allot 9,39,727 equity share warrants to EW India Special Assets Fund Pte
and 2,27,133 equity share warrants to Edelcap Securities
at Rs 64.54 per warrant on preferential basis.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 109.65 on 22-Dec-2015 and a 52 week low of Rs 44.5 on 22-Nov-2016. Last one week high and low of the scrip stood at Rs 58.45 and Rs 52.7 respectively.
The promoters holding in the company stood at 61.41 % while Institutions and Non-Institutions held 0.07 % and 38.52 % respectively.
The stock is currently trading below its 200 DMA.