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Prism Cement soars on plan of raising Rs 200 crore via NCDs

30 Nov 2016

Prism Cement is currently trading at Rs. 93.60, up by 1.85 points or 2.02% from its previous closing of Rs. 91.75 on the BSE.

The scrip opened at Rs. 92.50 and has touched a high and low of Rs. 94.50 and Rs. 92.50 respectively. So far 5947 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.45 on 23-Aug-2016 and a 52 week low of Rs. 55.55 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 94.50 and Rs. 88.00 respectively. The current market cap of the company is Rs. 4741.62 crore.

The promoters holding in the company stood at 74.87%, while institutions and non-institutions held 16.09% and 9.04% respectively.

Prism Cement has decided to raise up to Rs 200 crore through issuance of Secured, Rated, Listed, Non-convertible, Redeemable Taxable Debentures - Tranche VIII (NCDs) on private placement basis. The board of company at its meeting held on November 30, 2016 has approved for the same.

Prism Cement is one of India’s leading integrated Building Materials Company, with a wide range of products from cement, ready-mixed concrete, tiles, bath products to kitchens.

Related Prism Johnson Ltd. Links:

Prism Johnson Share Price

129.00 -1.75 (-1.34%) Jun 18, 18:03
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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