Future Consumer hits record high

India Infoline News Service | Mumbai | July 19, 2017 12:21 IST

Future Consumer Ltd has hit its new 52-week high of 44.90 during Wednesday’s trade on the BSE.

Future Consumer Ltd has hit its new 52-week high of 44.90 during Wednesday’s trade on the BSE.
The stock witnessed a spurt in volume by more than 2.58 times. The stock was trading at Rs 44.65, up by Rs 3.20 or 7.72% as at 1146 hours on Wednesday, on the BSE.
The stock has attracted a traded volume of 1,39,11,077shares and traded value of Rs 6,074.97 lakh. The company hit its 52-week low of Rs 18.05 on November 9, 2016 on the NSE.
Future Consumer Ltd, formerly Future Consumer Enterprise Ltd, is a holding company. It is a food company, which is engaged in branding, marketing, sourcing, manufacturing and distribution of fast moving consumer goods, food and processed food products.
Stock view:
Future Consumer Ltd is currently trading at Rs 44.4, up by Rs 2.95 or 7.12% from its previous closing of Rs 41.45 on the BSE.
The scrip opened at Rs 41.55 and has touched a high and low of Rs 44.9 and Rs 41.55 respectively. So far 18859993(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 6891.03 crore.
The BSE group 'A' stock of face value Rs 6 has touched a 52 week high of Rs 42.5 on 18-Jul-2017 and a 52 week low of Rs 18.1 on 09-Nov-2016. Last one week high and low of the scrip stood at Rs 42.5 and Rs 33.95 respectively.
The promoters holding in the company stood at 47.87 % while Institutions and Non-Institutions held 19.76 % and 31.54 % respectively.
The stock is currently trading above its 50 DMA.

***Note: This is a NSE Chart

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