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Sat Industries soars on acquiring 100% stake in Aeroflex International

07 Dec 2015 Evaluate

Sat Industries is currently trading at Rs. 7.55, up by 0.18 points or 2.44% from its previous closing of Rs. 7.37 on the BSE.

The scrip opened at Rs. 7.38 and has touched a high and low of Rs. 7.55 and Rs. 7.38 respectively. So far 8300 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 2 has touched a 52 week high of Rs. 7.55 on 07-Dec-2015 and a 52 week low of Rs. 2.30 on 27-Mar-2015.

Last one week high and low of the scrip stood at Rs. 7.55 and Rs. 6.70 respectively. The current market cap of the company is Rs. 36.90 crore.

The promoters holding in the company stood at 46.67% while Non-Institutions held 53.33% stake in the company.

Sat Industries has acquired 10,00,000 equity shares constituting 100% share capital of Aeroflex International on November 30, 2015, thereby making it a wholly owned subsidiary of the company. Aeroflex International is engaged in manufacturing of machine parts and tools and engineering products made of steel.

Further, on November 30, 2015, the company has acquired further 64,979 comprising 3.83% equity shares of Genext Students and 63,333 comprising 3.04% equity shares of Italica Furniture.

Sat Industries has presence in a wide range of activities such as manufacturing, global outsourcing of products & services, real estate, mining and marketing activities in the field of coals.

 

Aeroflex Enterprises Share Price

91.88 3.16 (3.56%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
View more..

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