Future Consumer tops stock by value and volume

BSE 500 constituent, Future Consumer Limited was the most active stock by value and volume during the second half of Thursday’s trading session.

Jul 06, 2017 09:07 IST India Infoline News Service

Analytic Research
BSE 500 constituent, Future Consumer Limited was the most active stock by value and volume during the second half of Thursday’s trading session. Future Consumer witnessed 15 crore shares or 9% equity exchanged hands for Rs 490 crore on NSE.
 
The stock was trading at Rs 34.1 per share, up by 6.73% during the closing hour on Thursday. The total traded quantity as of 1437 hours stood at 15,64,94,511 and traded value of Rs 512.54 crore.
 
Future Consumer Limited is a food company, which is engaged in branding, marketing, sourcing, manufacturing and distribution of fast moving consumer goods, food and processed food products. It also has agri-sourcing operations in India. Its product portfolio includes product categories, such as basic foods, ready to eat meals, snacks, frozen and processed food products, beverages, personal care and home care under its own portfolio of brands.
 
Stock View:
 
Future Consumer Ltd is currently trading at Rs 34.05, up by Rs 2.1 or 6.57% from its previous closing of Rs 31.95 on the BSE.
 
The scrip opened at Rs 32.25 and has touched a high and low of Rs 34.7 and Rs 32.25 respectively. So far 7945858(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 5311.66 crore.
 
The BSE group 'B' stock of face value Rs 6 has touched a 52 week high of Rs 35.85 on 07-Apr-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 32.3 and Rs 30 respectively.
 
The promoters holding in the company stood at 47.87 % while Institutions and Non-Institutions held 19.7 % and 31.51 % respectively.
 
The stock is currently trading above its 50 DMA.

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