Prabhat Dairy surges on finishing sale of stake in SAIPL

Prabhat Dairy surges on finishing sale of stake in SAIPL

by admin- Friday, April 12th, 2019 03:58:23 PM

Prabhat Dairy is currently trading at Rs. Eighty two.05, up by three.Ninety points or four.Ninety nine% from its preceding last of Rs. 78.15 on the BSE.

The scrip opened at Rs. Seventy nine.80 and has touched a high and occasional of Rs. Eighty two.05 and Rs. Seventy nine.Seventy five respectively. So some distance 15971 stocks have been traded at the counter.

The BSE institution ‘B’ inventory of face value Rs. 10 has touched a fifty two week excessive of Rs. A hundred ninety.00 on 18-Apr-2018 and a fifty two week low of Rs. 47.15 on 06-Feb-2019.

Last one week high and occasional of the scrip stood at Rs. Eighty two.05 and Rs. Seventy four.50 respectively. The modern market cap of the enterprise is Rs. 801.Forty three crore.

The promoters holding inside the corporation stood at 50.10%, even as Institutions and Non-Institutions held eleven.88% and 38.02% respectively.

Prabhat Dairy has completed sale of the agency’s shareholding in its completely owned step down subsidiary — Sunfresh Agro industries (SAIPL) to Tirumala Milk Products. Further, the enterprise has bought and transferred its dairy merchandise enterprise by using manner of hunch sale on a going challenge foundation to SAIPL publish final touch of switch of SAIPL stocks is effectively finished and closed on April 10, 2019.

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