Prism Cement Lt is currently trading at Rs 75.50, up by 5.05 points or 7.17% from its previous closing of Rs. 70.45 on the BSE.
The scrip opened at Rs 71.00 and has touched a high and low of Rs 79.40 and Rs 69.90 respectively. So far 13856353 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 72.50 on 06-Jun-2014 and a 52 week low of Rs 22.80 on 17-Feb-2014.
Last one week high and low of the scrip stood at Rs 72.50 and Rs. 59.10 respectively. The current market cap of the company is Rs 3742.46 crore.
The promoters holding in the company stood at 74.87% while Institutions and Non-Institutions held 6.48% and 18.65% respectively.
Prism Trust has sold its entire holding of 1,23,51,600 equity shares held in Prism Cement. The company is the beneficiary of the Trust. The Prism Trust, which was formed in March 2010, was created after the merger of erstwhile H & R Johnson (India) and erstwhile RMC Readymix (India) with the Company. The Trust will realize around Rs 88 crore, at an average price of about Rs 71.50 per share.
As on March 31, 2014, the promoters holding in the company stood at 74.87%, while Institutions and Non-Institutions held 6.48% and 18.65% stake in the company, respectively.
Prism Cement is one of India’s leading integrated building materials companies; with a wide range from cement, ready-mixed concrete, tiles, bath products to kitchens.
