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Future Enterprises soars on plan to raise Rs 60 crore via NCDs

27 Jun 2016 Evaluate

Future Enterprises is currently trading at Rs 23.10, up by 0.95 points or 4.29% from its previous closing of Rs. 22.15 on the BSE.

The scrip opened at Rs. 23.25 and has touched a high and low of Rs. 23.70 and Rs. 22.15 respectively. So far 41638 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 172.85 on 01-Dec-2015 and a 52 week low of Rs. 17.20 on 13-May-2016.

Last one week high and low of the scrip stood at Rs. 25.80 and Rs. 20.05 respectively. The current market cap of the company is Rs. 997.84 crore.

The promoters holding in the company stood at 51.92%, while Institutions and Non-Institutions held 27.07% and 21.01% respectively.

Future Enterprises is planning to raise Rs 60 crore by issuing of 600, 10.25% Secured Redeemable Non-Convertible Debentures (NCDs), on private placement basis. The committee of directors of the company at its meeting held on June 24, 2016 has approved for the same.

The said NCDs shall be listed on Wholesale Debt Market Segment of BSE. These NCDs have been rated ‘AA-’ by Credit Analysis & Research (CARE).

Future Enterprises Share Price

0.50 0.01 (2.04%)
17-Apr-2026 16:59 View Price Chart
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