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Transport Corporation of India surges on plan to raise up to Rs 100 crore

24 Jul 2014 Evaluate

Transport Corporation of India is currently trading at Rs. 211.60, up by 4.95 points or 2.40% from its previous closing of Rs. 206.65 on the BSE.

The scrip opened at Rs. 210.05 and has touched a high and low of Rs. 217.00 and Rs. 210.05 respectively. So far 12,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 238.00 on 08-Jul-2014 and a 52 week low of Rs. 44.00 on 03-Sep-2013.

Last one week high and low of the scrip stood at Rs. 222.15 and Rs. 200.05 respectively. The current market cap of the company is Rs. 1,543.00 crore.

The promoters holding in the company stood at 69.37% while Institutions and Non-Institutions held 0.71% and 29.92% respectively.

Transport Corporation of India (TCI) has received an approval for raising the equity through any possible conductive routine including QIP / PE Funds etc. up to a sum not exceeding Rs 100 crore in one or more tranches in order to fund its forthcoming capex programme. The board of directors at its meeting held on July 23, 2014 has approved for the same.

TCI is the flagship company of TCI Group and provides full truck load and less than full truck load transportation to a network of over 3000 destinations in India.

Transport Corp. Share Price

1004.10 15.55 (1.57%)
17-Apr-2026 16:59 View Price Chart
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