Swan Energy is currently trading at Rs. 179.55, up by 3.95 points or 2.25% from its previous closing of Rs. 175.60 on the BSE.
The scrip opened at Rs. 177.00 and has touched a high and low of Rs. 182.80 and Rs. 176.25 respectively. So far 402398 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 213.40 on 14-Dec-2016 and a 52 week low of Rs. 57.50 on 16-May-2016.
Last one week high and low of the scrip stood at Rs. 182.80 and Rs. 169.25 respectively. The current market cap of the company is Rs. 3985.66 crore.
The promoters holding in the company stood at 71.66%, while institutions and non-institutions held 12.81% and 15.53% respectively.
Swan Energy has received an Expression of Interest (EOI) from Tata Realty and Infrastructure, showing its willingness to invest upto 10% of the Equity in the subsidiary of the Company, namely Swan LNG.
Meanwhile, the company is developing India's first LNG Port along with Floating and Regasification Unit (FSRU) near Jafrabad in Gujarat state with a total investment of Rs 5900 crore. The subsidiary company and special purpose vehicle company namely Swan LNG is implementing this project.
Swan Energy is engaged in trading in fabric as well as in development of properties. Their activity includes manufacturing and marketing of cotton and polyester sarees and shirtings in India. The company also engaged in the business of Textiles, Property Development.
