Bang Overseas gains on plan to sell, lease Bangalore premises

18 Feb 2015

Bang Overseas is currently trading at Rs 9.35, up by 0.15 points or 1.63% from its previous closing of Rs 9.20 on the BSE.

The scrip opened at Rs 10.12 and has touched a high and low of Rs. 10.12 and Rs. 9.35 respectively. So far 2150 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 14.78 on 30-May-2014 and a 52 week low of Rs. 8.71 on 20-Mar-2014.

Last one week high and low of the scrip stood at Rs 10.20 and Rs 9.15 respectively. The current market cap of the company is Rs 12.68 crore.

The promoters holding in the company stood at 72.98% while Non-Institutions held 27.02% respectively.

Bang Overseas has received an approval to sell or lease the premises situated at Plot No. 82 of E.P.I.P. Industrial Area, K.R. Puram Hobli, Bangalore South Taluka in Bangalore District. The board of directors at their meeting held on February 13, 2015 has approved and took on record the same.

Bang Overseas is one of the leading manufacturers and exporters of men’s wear. It caters to the demand of leading international and domestic brands.


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