Aditya Birla Nuvo is currently trading at Rs. 1389.75, up by 6.75 points or 0.49% from its previous closing of Rs. 1383.00 on the BSE.
The scrip opened at Rs. 1390.20 and has touched a high and low of Rs. 1396.00 and Rs. 1379.50 respectively. So far 9,363 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1664.00 on 09-Aug-2016 and a 52 week low of Rs. 685.00 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 1416.60 and Rs. 1378.90 respectively. The current market cap of the company is Rs. 18,098.12 crore.
The promoters holding in the company stood at 58.40%, while Institutions and Non-Institutions held 25.12% and 16.48% respectively.
Reserve Bank of India (RBI) has notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest up to 30% of the paid up capital of Aditya Birla Nuvo. The company’s Board of Directors has passed a resolution and its shareholders have passed a special resolution agreeing for enhancing the limit for the purchase of its equity shares by FIIs/RFPIs. The purchases could be made through primary market and stock exchanges.
Aditya Birla Nuvo is a $4.4 billion conglomerate operating in the services and the manufacturing sectors, where it commands a leadership position. Its service sector businesses include Financial Services, Fashion & Lifestyle and Telecom.
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