Kaveri Seed Company profits on making plans to merger of subsidiaries

Kaveri Seed Company profits on making plans to merger of subsidiaries

by admin- Wednesday, December 12th, 2018 03:56:45 PM

Kaveri Seed Company is presently trading at Rs. 537.10, up by 2.00 points or zero.37% from its previous ultimate of Rs. 535.10 at the BSE.

The scrip opened at Rs. 535.35 and has touched a high and occasional of Rs. 538.15 and Rs. 532.25 respectively.

The BSE group ‘A’ inventory of face cost Rs. 2 has touched a 52 week excessive of Rs. 659.Ninety five on 31-Aug-2018 and a 52 week low of Rs. 433.00 on 06-Feb-2018.

Last one week excessive and coffee of the scrip stood at Rs. 550.30 and Rs. 496.25 respectively. The contemporary market cap of the business enterprise is Rs. 3378.04 crore.

The promoters preserving in the business enterprise stood at fifty five.09%, even as Institutions and Non-Institutions held 30.10% and 14.81% respectively.

Kaveri Seed Company is planning to merger of Kaveri Microteck with Kexveg India both the companies are 100% entirely owned subsidiary corporations and un-indexed non cloth subsidiaries of the organization. The Board of Directors of the Company at its assembly to be hung on December 20, 2018 to recall the identical.

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