BPL is currently trading at Rs. 21.65, up by 0.60 points or 2.85% from its previous closing of Rs. 21.05 on the BSE.
The scrip opened at Rs. 21.90 and has touched a high and low of Rs. 22.55 and Rs. 21.60 respectively. So far 117377 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 25.85 on 15-Sep-2014 and a 52 week low of Rs. 10.31 on 03-Oct-2013.
Last one week high and low of the scrip stood at Rs. 22.55 and Rs. 18.00 respectively. The current market cap of the company is Rs. 106.81 crore.
The promoters holding in the company stood at 63.24% while Institutions and Non-Institutions held 0.92% and 35.84% respectively.
BPL’s board has approved divesting stake in Bharat Energy Ventures to raise Rs 115.41 crore. The board has approved disinvestment of 11,54,14,000 equity shares of Rs 10 each held as investment in Bharat Energy Ventures.
Established in 1963, BPL started manufacturing precision electrical instrumentation and diversified into medical devices in 1967. Over its 46-year history, BPL has developed a strong brand, an attractive product portfolio and a robust distribution and service network for the medical device business.
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