Mangalam Cement soars as India Capital Fund buys 6.02 lakh shares

19 Nov 2014

Mangalam Cement is currently trading at Rs. 332.00, up by 7.90 points or 2.44% from its previous closing of Rs. 324.10 on the BSE.

The scrip opened at Rs. 328.00 and has touched a high and low of Rs. 339.50 and Rs. 327.00 respectively. So far 20657 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 339.50 on 19-Nov-2014 and a 52 week low of Rs. 95.35 on 14-Feb-2014.

Last one week high and low of the scrip stood at Rs. 339.50 and Rs. 299.75 respectively. The current market cap of the company is Rs. 893.97 crore.

The promoters holding in the company stood at 27.41% while Institutions and Non-Institutions held 5.21% and 67.38% respectively.

India Capital Fund has bought 6.02 lakh shares of Mangalam Cement through open market route. The shares were purchased on an average price of Rs 315 valuing the transaction to Rs 18.98 crore.

Mangalam Cement is a professionally managed and well established cement manufacturing company enjoying the confidence of consumers because of its superior quality product and excellent customer service.

Related Mangalam Cement Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323