Poddar Developers is currently trading at Rs 1375.00, up by 75.00 points or 5.77% from its previous closing of Rs 1300.00 on the BSE.
The scrip opened at Rs 1350.00 and has touched a high and low of Rs 1430.00 and Rs 1316.25 respectively. So far 1760 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs. 1669.00 on 09-Apr-2015 and a 52 week low of Rs. 134.30 on 18-Jul-2014.
Last one week high and low of the scrip stood at Rs 1420.00 and Rs. 1190.00 respectively. The current market cap of the company is Rs. 865.21 crore.
The promoters holding in the company stood at 61.01% while Institutions and Non-Institutions held 19.63% and 19.36% respectively.
Poddar Developers has received an approval to increase the company’s holding in its subsidiary Poddar Housing FZC to 100% from existing 90%. The board of directors at their meeting held on May 12, 2015 has approved for the same.
Poddar Developers is engaged in the manufacturing Color & Additive Masterbatches for dope dyeing of man- made fibres, various plastic applications and engineering plastics & compounds.
