Waterbase spurts on planning to acquire Saatatya Vistaar Oorja Bengaluru

25 Mar 2020 Evaluate
Waterbase is currently trading at Rs. 75.90, up by 2.60 points or 3.55% from its previous closing of Rs. 73.30 on the BSE.

The scrip opened at Rs. 74.00 and has touched a high and low of Rs. 76.00 and Rs. 69.20 respectively. So far 13504 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 171.90 on 28-Mar-2019 and a 52 week low of Rs. 65.00 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 95.65 and Rs. 65.00 respectively. The current market cap of the company is Rs. 303.45 crore.

The promoters holding in the company stood at 67.12%, while Institutions and Non-Institutions held 0.13% and 32.75% respectively.

Waterbase is planning to purchase 100% shares of Saatatya Vistaar Oorja Bengaluru to make it a wholly owned subsidiary of the company. The Board of Directors of the company will hold a meeting on March 25, 2020 to consider and approve the same.

Waterbase is a leading manufacturer of high quality shrimp feed in India. The company also processes shrimp in IQF, Block Frozen and Cooked form from its own captive farms, and exports its produce to global markets, predominantly Japan, Europe and the United States.

Waterbase Share Price

72.28 0.65 (0.91%)
31-Oct-2024 16:01 View Price Chart
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