Spice Mobility is currently trading at Rs. 15.65, up by 0.40 points or 2.62 % from its previous closing of Rs. 15.25 on the BSE.
The scrip opened at Rs. 15.70 and has touched a high and low of Rs. 15.70 and Rs. 15.00 respectively. So far 3251 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 3 has touched a 52 week high of Rs. 35.60 on 13-Jan-2016 and a 52 week low of Rs. 11.55 on 11-Mar-2016.
Last one week high and low of the scrip stood at Rs. 17.45 and Rs. 14.60 respectively. The current market cap of the company is Rs. 356.61 crore.
The promoters holding in the company stood at 74.36% while Non-Institutions held 25.64% stake of the company.
Spice Mobility’s step down subsidiary - Spice VAS Africa, has acquired 100% stake in SVA (Mauritius). Consequent to the said acquisition, SVA (Mauritius) has become a wholly owned step down subsidiary of the company.
This acquisition is done with an objective of business expansion in African continent. SVA (Mauritius) is engaged in content monetization and provision of IT & Software services.
Spice Mobility is engaged in manufacturing mobile phones. Its products include smart devices, smart phones, networking phones, feature phones and archived phones. Spice Mobility operates as a subsidiary of Spice Group.
