Zuari Global trades jubilantly on the bourses

24 Oct 2016

Zuari Global is currently trading at Rs. 120.30, up by 5.55 points or 4.84% from its previous closing of Rs. 114.75 on the BSE.

The scrip opened at Rs. 119.90 and has touched a high and low of Rs. 123.50 and Rs. 118.10 respectively. So far 34875 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 136.00 on 05-Jan-2016 and a 52 week low of Rs. 78.05 on 18-Nov-2015.

Last one week high and low of the scrip stood at Rs. 132.80 and Rs. 93.05 respectively. The current market cap of the company is Rs. 354.32 crore.

The promoters holding in the company stood at 65.10%, while institutions and non-institutions held 17.21% and 17.69% respectively.

Zuari Global has received an approval for acquisition of entire shareholding of 10,000 equity shares of Rs 10 each of Horizonview Developers (HDPL), a subsidiary of Zuari Investments (ZIL) which was acquired by them on October 04, 2016. The board of directors at its meeting held on October 21, 2016 has approved for the same.

Zuari Global, erstwhile Zuari Industries, has been the principal promoter entity for the Zuari Group of Companies, with forays into fertilizer, seeds, engineering, lifestyle industries and services. Besides growing the fertilizer business of the group to its present preeminent status as one of India's leading fertilizer conglomerates, it has a substantial presence in the areas of pesticides, financial services, RTA furniture and Oiltanking through several subsidiaries and joint ventures.

Related Zuari Global Ltd. Links:

Zuari Global Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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