Jayant Agro surges on becoming subsidiary of Jayant Finvest

30 Mar 2012

Jayant Agro Organics is currently trading at Rs. 103.00, up by 1.55 points or 1.53% from its previous closing of Rs. 101.45 on the BSE.

The scrip opened at Rs. 100.00 and has touched a high and low of Rs. 103.95 and Rs. 100.00 respectively. So far 1207 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 123.00 on 01-Feb-2012 and a 52 week low of Rs. 76.25 on 21-Jul-2011.

Last one week high and low of the scrip stood at Rs. 107.40 and Rs. 93.30 respectively. The current market cap of the company is Rs. 154.50 crore.

The promoters holding in the company stood at 59.93% while Institutions and Non-Institutions held 0.05% and 40.01% respectively.

Jayant Agro Organics has become subsidiary company of Jayant Finvest. This is pursuant to acquisition of 12,00,000 equity shares of Jayant Agro-Organics by Jayant Finvest and thereby holding more than 50% of equity share capital of the company.

Jayant Agro Organics has become the subsidiary with effect from March 28, 2012.

Jayant Agro-Organics is an emerging global oleo chemical company with leadership in the castor-based specialty chemicals industry.

Related Jayant Agro-Organics Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323