Vidhi Specialty Food Ingredients profits on finishing acquisition of stake in Arjun Food Colorants Manufacturing

Vidhi Specialty Food Ingredients profits on finishing acquisition of stake in Arjun Food Colorants Manufacturing

by admin- Tuesday, April 23rd, 2019 04:17:55 PM

Vidhi Specialty Food Ingredients is currently trading at Rs. Seventy nine.50, up through 1.10 points or 1.Forty% from its preceding last of Rs. Seventy eight.Forty at the BSE.

The scrip opened at Rs. Seventy nine.50 and has touched a high and coffee of Rs. Eighty.30 and Rs. 79.50 respectively. So a long way 2232 shares were traded at the counter.

The BSE institution ‘B’ stock of face price Rs. 1 has touched a 52 week excessive of Rs. 106.Forty on 23-Apr-2018 and a 52 week low of Rs. Sixty six.90 on 26-Feb-2019.

Last one week high and occasional of the scrip stood at Rs. 80.30 and Rs. Seventy six.50 respectively. The modern market cap of the business enterprise is Rs. 397.06 crore.

The promoters holding within the organization stood at 64.27%, at the same time as Institutions and Non-Institutions held zero.17% and 35.55% respectively.

Vidhi Specialty Food Ingredients has finished acquisition of a hundred% fairness shares of Arjun Food Colorants Manufacturing an entity owned and held via the Promoters Group of Vidhi Specialty Food Ingredients. The business enterprise has completed the acquisition of Arjun Food Colorants Manufacturing for a coins attention of Rs 7.Ninety two lakh.

The goal of the acquisition is to collect the industrial land and constructing for destiny enlargement and consolidate the business of promoter Group Company.

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