Simplex Infrastructures declines as GE Equity sells 4.24 lakh shares

25 Nov 2014

Simplex Infrastructures is currently trading at Rs 373.00, down by 10.20 points or 2.66% from its previous closing of Rs. 383.20 on the BSE.

The scrip opened at Rs. 385.40 and has touched a high and low of Rs. 394.25 and Rs. 372.55 respectively. So far 31582 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 398.95 on 24-Nov-2014 and a 52 week low of Rs. 76.50 on 25-Nov-2013.

Last one week high and low of the scrip stood at Rs. 398.95 and Rs. 303.35 respectively. The current market cap of the company is Rs. 1912.85 crore.

The promoters holding in the company stood at 56.41 % while Institutions and Non-Institutions held 30.56 % and 13.03 % respectively.

GE Equity International Mauritus has sold 4.24 lakh shares of Simplex Infrastructures through the open market route. The shares were sold on an average price of Rs 351.57 valuing the transaction to Rs 14.91 crore.

Simplex Infra has emerged as a leading service provider of infrastructure and construction. Employment of the latest technology has helped Simplex Infrastructure execute projects with precision and timeliness.

Related Simplex Infrastructures Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719