Forbes & Company is currently trading at Rs 1325.00, up by 48.00 points or 3.76% from its previous closing of Rs. 1277.00 on the BSE.
The scrip opened at Rs. 1296.00 and has touched a high and low of Rs. 1350.00 and Rs. 1277.00 respectively. So far 1993 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2055.00 on 15-Apr-2015 and a 52 week low of Rs. 1078.00 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 1370.00 and Rs. 1214.00 respectively. The current market cap of the company is Rs. 1717.13 crore.
The promoters holding in the company stood at 73.85% while Institutions and Non-Institutions held 13.02% and 13.13% respectively.
Forbes & Company has successfully completed the slump sale of Mundra CFS to TG Terminals. The company has also executed an agreement to transfer assets pertaining to its logistics business with Transworld Global Logistics Solutions (India) on April 18, 2016 and has also simultaneously completed the transaction. The company intends to cease the remaining business/activities of logistic business shortly. The company has received an aggregate consideration of Rs 53.5 crore for the aforesaid transactions.
Forbes and Company is an industrial conglomerate with the business of engineering, shipping and logistics and transaction management solutions. It offers carbon steel taps, carbon steel dies and die nuts; carbide tools, such as square and ball nose end mills and drills, and tungsten carbide rotary burrs; spring locked washers; marking systems; power steam turbines, and integrated power solutions from turbine, generator, and synchronization panel. It also provides logistics services like warehousing facilities, container freight stations, custom clearance, multimodal transport operations, container line services and project cargo services. The company provides payment processing and transaction management solutions, such as bill payment services, retail automation and e-governance solutions.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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