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Cosmo Films advances as its arm files petition for liquidation of its wholly owned entity

22 Aug 2016 Evaluate

Cosmo Films is currently trading at Rs. 328.00, up by 8.95 points or 2.81% from its previous closing of Rs. 319.05 on the BSE.

The scrip opened at Rs. 330.00 and has touched a high and low of Rs. 332.35 and Rs. 325.20 respectively. So far 10,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 407.90 on 11-May-2016 and a 52 week low of Rs. 134.10 on 08-Sep-2015.

Last one week high and low of the scrip stood at Rs. 332.35 and Rs. 312.75 respectively. The current market cap of the company is Rs. 637.63 crore.

The promoters holding in the company stood at 43.51%, while Institutions and Non-Institutions held 5.08% and 49.99% respectively.

Cosmo Films’ wholly owned subsidiary - CF Global Holding Mauritius, has filed a petition for liquidation of its wholly owned entity namely Cosmo Films (Netherlands) Cooperatief U.A. This step has been taken with a view to simplify the holding structure and for reasons of administrative convenience.

Cosmo Films is engaged in the production of Wet Laminating, Printing and Pouching, Label Films, Soap Wrap Films, Over Wrap Films, Tape & Textile and Thermal Laminating Film for Graphic Finishing.


Cosmo First Share Price

668.50 2.55 (0.38%)
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