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Jagatjit Industries shines on raising investment from KKR

08 Jun 2016 Evaluate

Jagatjit Industries is currently trading at Rs. 72.30, up by 3.40 points or 4.93% from its previous closing of Rs. 68.90 on the BSE.

The scrip opened at Rs. 72.30 and has touched a high and low of Rs. 72.30 and Rs. 72.30 respectively. So far 54 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 83.90 on 22-Apr-2016 and a 52 week low of Rs. 32.80 on 29-Jun-2015.

Last one week high and low of the scrip stood at Rs. 74.90 and Rs. 65.65 respectively. The current market cap of the company is Rs. 333.65 crore.

The promoters holding in the company stood at 88.53%, while Institutions and Non-Institutions held 0.01% and 11.47% respectively.

 Jagatjit Industries has raised an undisclosed amount from global investment firm KKR to support its ongoing restructuring efforts. The company will use the proceeds to build the brand appeal of the company’s liquor portfolio, streamline its portfolio, increase manufacturing capacity, strengthen the management team and expand its distribution reach.

Jagatjit Industries manufactures and markets alcoholic beverages, malt, malt extract, malted milk foods, milk powder, ghee, glass and pet containers.   

 

Jagatjit Inds. Share Price

128.55 0.55 (0.43%)
17-Apr-2026 16:59 View Price Chart
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