Hubtown spurts on divesting entire holding in Heet Builders

Hubtown spurts on divesting entire holding in Heet Builders

by admin- Monday, February 25th, 2019 04:21:39 PM

Hubtown is presently trading at Rs. 35.25, up with the aid of 0.90 factors or 2.Sixty two% from its preceding closing of Rs. 34.35 on the BSE.

The scrip opened at Rs. 36.Ninety and has touched a high and low of Rs. 36.Ninety and Rs. 35.15 respectively. So a ways 1503 shares had been traded at the counter.

The BSE institution ‘B’ stock of face price Rs. 10 has touched a fifty two week excessive of Rs. Ninety six.25 on 27-Feb-2018 and a fifty two week low of Rs. 31.25 on 12-Feb-2019.

Last one week excessive and coffee of the scrip stood at Rs. 36.Ninety and Rs. 33.00 respectively. The modern-day marketplace cap of the enterprise is Rs. 256.76 crore.

The promoters protecting in the enterprise stood at fifty seven.20%, while Institutions and Non-Institutions held 4.07% and 38.Seventy three% respectively.

Hubtown has divested and transferred its whole keeping of 4,720 fairness shares in its subsidiary — Heet Builders in favour of the acquirers Jignesh Shah and Nitin Shah and therefore, Heet has ceased to be a subsidiary of the organization with effect from February 22, 2019.

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