Future Consumer Enterprise is currently trading at Rs. 14.84, up by 0.18 points or 1.23% from its previous closing of Rs. 14.66 on the BSE.
The scrip opened at Rs. 14.95 and has touched a high and low of Rs. 15.19 and Rs. 14.84 respectively. So far 269873 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 6 has touched a 52 week high of Rs. 15.71 on 20-Feb-2015 and a 52 week low of Rs. 4.60 on 31-Mar-2014.
Last one week high and low of the scrip stood at Rs. 15.71 and Rs. 13.70 respectively. The current market cap of the company is Rs. 2485.72 crore.
The promoters holding in the company stood at 43.56%, while Institutions and Non-Institutions held 18.79% and 37.65% respectively.
Future Consumer Enterprise (FCEL), a unit of the Kishore Biyani-led Future Group, has taken full control of Aadhaar Wholesale Trading and Distribution with an acquisition of balance 30% stake held by Godrej Agrovet and Anamudi Real Estates LLP, in a stock swap deal. It has swapped the 30% stake by issuing 45.9 million equity shares to the sellers with a lock-in period of one year.
In 2008, FCEL (then known as Future Ventures) had bought a 70% stake for Rs 30.18 crore in Godrej Agrovet, the promoter of Aadhar chain of rural supermarkets.
Future Consumer Enterprise is the alternate investment arm of Future Group, India's largest retailer. The Future Group is a business group, led by Kishore Biyani, focusing on consumption-led businesses in India and is also one of India’s leading organized multi-format retailers.
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