JHS Svendgaard Laboratories is currently trading at Rs. 57.90, up by 5.05 points or 9.56% from its previous closing of Rs. 52.85 on the BSE.
The scrip opened at Rs. 53.50 and has touched a high and low of Rs. 58.70 and Rs. 53.50 respectively. So far 3,54,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.70 on 24-Apr-2017 and a 52 week low of Rs. 27.00 on 24-Jun-2016.
Last one week high and low of the scrip stood at Rs. 58.70 and Rs. 41.40 respectively. The current market cap of the company is Rs. 248.39 crore.
The promoters holding in the company stood at 35.51%, while Institutions and Non-Institutions held 3.91% and 60.58% respectively.
The on-going disputes at various courts between JHS Svendgaard Laboratories and various group companies of Procter & Gamble in India, have been settled with mutual consent and concluded positively for JHS. The settlement clears contingent liabilities to the tune of Rs 206.15 crore, from the balance sheet of JHS.
JHS Svendgaard Laboratories offers oral care products (toothbrushes, toothpastes, mouthwash, whitening gels and denture products) for national and global FMCG brands. The Company also manufactures laundry products.
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