DCM soars on incorporating wholly owned subsidiary 'DCM Nouvelle'

20 Oct 2016

DCM is currently trading at Rs. 137.10, up by 3.50 points or 2.62% from its previous closing of Rs. 133.60 on the BSE.

The scrip opened at Rs. 134.10 and has touched a high and low of Rs. 139.15 and Rs. 134.10 respectively. So far 52274 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 139.15 on 20-Oct-2016 and a 52 week low of Rs. 65.65 on 24-Feb-2016.

Last one week high and low of the scrip stood at Rs. 139.15 and Rs. 92.95 respectively. The current market cap of the company is Rs. 254.02 crore.

The promoters holding in the company stood at 48.54%, while institutions and non-institutions held 8.56% and 42.90% respectively.

DCM has incorporated a wholly owned subsidiary company ‘DCM Nouvelle’ in India which is registered with the Registrar of Companies, NCT of Delhi & Haryana on October 17, 2016. DCM Nouvelle belongs to textile sector and yet to commence its business operations.

DCM is one of India’s largest conglomerates into a number of manufacturing activities such as Textiles, Sugar, Chemicals, Rayon, Tyre Cord, Fertilizers, Information Technology and Engineering Products etc.

DCM Share Price

20.00 -0.15 (-0.74%) Nov 11, 17:59
1 Year Price Chart
Peers
Company Name CMP
Trident 61.80
Filatex India 40.30
Sutlej Textiles&Inds 31.45
Nahar Ind.Enterprise 27.55
Nitin Spinners 52.65
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Sensex vs DCM
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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