Binani Industries is currently locked in the upper circuit limit of Rs. 116.65, up by 5.55 points or 5.00% from its previous closing of Rs. 111.10 on the BSE.
The scrip opened at Rs. 116.65 and has touched a high and low of Rs. 116.65 and Rs. 112.55 respectively. So far 3,848 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 231.75 on 02-Feb-2011 and a 52 week low of Rs. 88.00 on 22-Dec-2011.
Last one week high and low of the scrip stood at Rs. 116.65 and Rs. 107.00 respectively. The current market cap of the company is Rs. 345.00 crore.
The promoters holding in the company stood at 51.28% while Institutions and Non-Institutions held 6.92% and 41.81% respectively.
Binani Industries - wholly owned subsidiary (WOS) - Glass Fibre Holding I SarI (SPV), incorporated in Luxembourg has acquired Project Bird Holdings group of companies (Project Bird Holdings) in Luxembourg at a total cost of Euro 275 million which owns operating facilities in Norway and Belgium under the name of 3B for the manufacture of FibreGlass.
Binani Industries is the holding company of the $1.6-billion Braj Binani Group. The business portfolio of Binani Industries includes sectors like cement, zinc, glass-fiber and downstream composite products.
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