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Pokarna surges on redeeming Zero Coupon FCCB aggregating $12 million

22 Dec 2014 Evaluate

Pokarna is currently trading at Rs. 577.00, up by 6.80 points or 1.19% from its previous closing of Rs. 570.20 on the BSE.

The scrip opened at Rs. 579.50 and has touched a high and low of Rs. 589.00 and Rs. 570.00 respectively. So far 1237 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 647.70 on 04-Dec-2014 and a 52 week low of Rs. 97.10 on 20-Dec-2013.

Last one week high and low of the scrip stood at Rs. 601.00 and Rs. 522.05 respectively. The current market cap of the company is Rs. 357.79 crore.

The promoters holding in the company stood at 56.67% while Institutions and Non-Institutions held 3.15% and 40.18% respectively.

Pokarna has redeemed the outstanding Foreign Currency Convertible Bonds (FCCB) with face value of $2.461 million on December 19, 2014. Earlier, the company had issued Zero Coupon FCCB aggregating $12 million which was due for redemption on March 29, 2012. The Company has in the past redeemed FCCB of $9.539 million.

With this last leg of redemption, FCCB issued by the Company have been fully redeemed and therefore now cease to exist. 

Pokarna is the India's No.1 granite company and one of the largest exporters of natural stone from India dealing in over 80 premium colors and exporting to different parts of globe.

Pokarna Share Price

901.55 -13.35 (-1.46%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Kajaria Ceramics 1210.35
Somany Ceramics 470.10
Cera Sanitaryware 5331.30
Asian Granito India 74.39
Pokarna 901.55
View more..

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