Marico trades in green on the BSE

Marico trades in green on the BSE

by admin- Monday, April 16th, 2018 05:54:04 PM

Marico is presently trading at Rs. 318.05, up by 1.70 factors or 0.Fifty four% from its preceding remaining of Rs. 316.35 on the BSE.

The scrip opened at Rs. 316.Ninety five and has touched a high and coffee of Rs. 319.Seventy five and Rs. 314.15 respectively. So a long way 4628 stocks were traded at the counter.

The BSE group ‘A’ inventory of face fee Rs. 1 has touched a 52 week excessive of Rs. 347.Eighty on 13-Sep-2017 and a fifty two week low of Rs. 284.05 on 06-Feb-2018.

Last one week excessive and occasional of the scrip stood at Rs. 330.85 and Rs. 314.15 respectively. The current market cap of the business enterprise is Rs. 41120.49 crore.

The promoters protecting inside the business enterprise stood at 59.71%, while Institutions and Non-Institutions held 33.Seventy two% and 6.Fifty six% respectively.

Marico has agreed to make a strategic investment in Revolutionary Fitness (Revofit) through obtaining/ agreeing to accumulate fairness shares up to 22.Five% of the submit-acquisition paid-up share capital of Revofit. Towards this end, the organization has on April thirteen, 2018 entered into Shareholders’ Agreement and Share Subscription Agreement.

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