WEP Solutions is currently trading at Rs. 19.10, up by 2.22 points or 13.15% from its previous closing of Rs. 16.88 on the BSE.
The scrip opened at Rs. 17.95 and has touched a high and low of Rs. 20.20 and Rs. 17.45 respectively. So far 34241 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 23.06 on 14-Oct-2014 and a 52 week low of Rs. 8.20 on 14-Aug-2014.
Last one week high and low of the scrip stood at Rs. 20.20 and Rs. 15.00 respectively. The current market cap of the company is Rs. 44.17 crore.
The promoters holding in the company stood at 42.56% while Non-Institutions held 57.44% stake in company.
WEP Solutions has executed a Share Purchase Agreement (SPA) for acquiring 100% of equity shares of eRM Solutions (eRM), a company focused on Document Management Solutions and having developed proprietary software in this domain.
The company will be acquiring the equity at a consideration of Rs 81 lakh at par and will take over the management of eRM upon completion of the transaction. eRM will function as a subsidiary of WeP Solutions.
WEP Solutions is a leading provider of Computer Hardware and Peripherals.
