Swan Energy gains on signing term sheet with Exmar Marine NV

19 Nov 2015

Swan Energy is currently trading at Rs. 69.50, up by 0.15 points or 0.22% from its previous closing of Rs. 69.35 on the BSE.

The scrip opened at Rs. 70.90 and has touched a high and low of Rs. 70.90 and Rs. 69.10 respectively. So far 79067 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 79.00 on 14-Oct-2015 and a 52 week low of Rs. 53.05 on 07-Jan-2015.

Last one week high and low of the scrip stood at Rs. 72.50 and Rs. 69.00 respectively. The current market cap of the company is Rs. 1534.99 crore.

The promoters holding in the company stood at 71.66% while Institutions and Non-Institutions held 12.96% and 15.38% respectively.

Swan Energy has signed a term sheet with Exmar Marine NV, Belgium for the joint development and operation of its FSRU based LNG terminal project at Jafrabad, Gujarat.

Swan Energy is a manufacturer and marketer of cotton and polyester textile products in India. The company has also constructed a residential complex at Sewri and a techno park at Kurla in the city of Mumbai.


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SEBI Registered: Investment Adviser - INA000013323