Seamec trades in green at the bourses

Seamec trades in green at the bourses

by admin- Friday, February 8th, 2019 04:32:41 PM

Seamec is presently buying and selling at Rs. 301.00, up through nine.Ninety five factors or three.42 % from its previous closing of Rs. 291.05 on the BSE.

The scrip opened at Rs. 302.00 and has touched a excessive and coffee of Rs. 308.00 and Rs. Three hundred.60 respectively. So some distance 496 shares had been traded at the counter.

The BSE organization ‘B’ inventory of face price Rs. 10 has touched a fifty two week excessive of Rs. 311.00 on 01-Feb-2019 and a fifty two week low of Rs. 164.25 on 08-Feb-2018.

Last one week high and occasional of the scrip stood at Rs. 308.00 and Rs. 270.00 respectively. The current marketplace cap of the business enterprise is Rs. 775.Forty six crore.

The promoters maintaining within the business enterprise stood at 69.Fifty seven%, even as Institutions and Non-Institutions held 3.Fifty five% and 26.88% respectively.

Seamec has reviewed the repute and feasibility of scheme of demerger of EPC and Vessel Division of HAL Offshore into the employer and decided to withdraw the equal considering that the meant synergies primarily based on which demerger was planned were diluted and will not be inside the satisfactory hobby of the corporation and its minority shareholders.

The Board of Directors of the Company at its assembly hung on February 06, 2019 has determined the same.

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