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Elantas Beck spurts on getting nod to sell its property at Pune

07 Jul 2016 Evaluate

Elantas Beck India is currently trading at Rs 1650.00, up by 20.75 points or 1.27% from its previous closing of Rs. 1629.25 on the BSE.

The scrip opened at Rs. 1649.00 and has touched a high and low of Rs. 1674.95 and Rs. 1620.00 respectively. So far 3004 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1670.00 on 30-Jun-2016 and a 52 week low of Rs. 1062.25 on 08-Jul-2015.

Last one week high and low of the scrip stood at Rs. 1670.00 and Rs. 1440.35 respectively. The current market cap of the company is Rs. 1290.59 crore.

The promoters holding in the company stood at 75%, while Institutions and Non-Institutions held 6.43% and 18.57% respectively.

Elantas Beck India has received an approval for sale of its property (approximately 6,239 square meter) located at Mumbai-Pune Road, Pimpri Waghere, Pune to Sukhwani Associates, Pune. The board of directors at its meeting held on July 04, 2016 has approved for the same.

The approval is subject to the terms and conditions to be agreed vide Memorandum of Understanding to be executed between the company and Sukhwani Associates. The proposal will be finally approved at the forthcoming meeting of the board scheduled to be held on July 27, 2016.

Elantas Beck India is engaged in the manufacturing of wide range of specialty chemicals for electrical insulation and construction industries.

Elantas Beck India Share Price

9198.00 -19.60 (-0.21%)
20-Apr-2026 11:54 View Price Chart
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