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Empee Distilleries gains on acquiring 89.85% stake in Empee Power and Infrastructure

21 Nov 2014 Evaluate

Empee Distilleries is currently trading at Rs 36.35, up by 0.65 points or 1.82% from its previous closing of Rs. 35.70 on the BSE.

The scrip opened at Rs. 35.75 and has touched a high and low of Rs. 36.40 and Rs. 35.00 respectively. So far 3220 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 60.00 on 13-Jun-2014 and a 52 week low of Rs. 32.00 on 16-Oct-2014.

Last one week high and low of the scrip stood at Rs. 37.00 and Rs. 34.00 respectively. The current market cap of the company is Rs. 68.62 crore.

The promoters holding in the company stood at 63.83% while Institutions and Non-Institutions held 0.07% and 36.10% respectively.

Empee Distilleries has invested and acquired 89.85% in equity shares capital of Empee Power and Infrastructure on October 30, 2014. Pursuant to the said acquisition, Empee Power and Infrastructure has become a subsidiary of the company.

Empee Distilleries started over two decades ago in a small way in Chennai for manufacturing Indian made foreign liquor (IMFL); it has now expanded substantially with state-of-the-art manufacturing facilities not only in Tamil Nadu but also in Kerala, Karnataka and Andhra Pradesh.

Empee Distilleries Share Price

4.52 0.00 (0.00%)
16-Jul-2020 18:01 View Price Chart
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