Future Consumer is currently buying and selling at Rs. Forty five.Sixty five, up with the aid of 1.25 factors or 2.82% from its preceding closing of Rs. 44.40 at the BSE.

The scrip opened at Rs. 45.45 and has touched a excessive and coffee of Rs. 46.10 and Rs. Forty five.Forty five respectively. So a long way 38222 stocks had been traded at the counter.

The BSE institution ‘A’ inventory of face fee Rs. 6 has touched a fifty two week excessive of Rs. 63.10 on 25-Apr-2018 and a 52 week low of Rs. 35.25 on 09-Oct-2018.

Last one week high and occasional of the scrip stood at Rs. Forty six.30 and Rs. Forty three.70 respectively. The modern-day market cap of the enterprise is Rs. 8526.Eighty five crore.

The promoters retaining within the company stood at forty five.Seventy one%, whilst Institutions and Non-Institutions held 18.06% and 36.23% respectively.

Future Consumer (FCL) has planned to elevate upto Rs 350 crore through the issuance of fairness linked units. Existing buyers led through International Finance Corporation (IFC) and Verlinvest in conjunction with the Promoter Group are predicted to participate on this fund boost.

The number one purpose of the fund raising is to fund numerous growth plans and commercial enterprise projects of the Company and improvement of charges and maturity profile of existing debt thereby similarly strengthening the balance sheet of FCL.

IFC is presently conserving almost 3% stake could be infusing upto Rs 210 crore whilst Verlinvest preserving about 7% stake will make investments upto Rs 70 crore through preferential allotment of Compulsorily Convertible Debentures (CCDs).