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Oricon Enterprises gains with arm entering into agreement with Pelliconi

02 May 2017

Oricon Enterprises is currently trading at Rs. 59.90, up by 0.55 points or 0.93% from its previous closing of Rs. 59.35 on the BSE.

The scrip opened at Rs. 60.50 and has touched a high and low of Rs. 61.00 and Rs. 58.50 respectively. So far 172301 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 73.05 on 02-Jun-2016 and a 52 week low of Rs. 41.15 on 21-Nov-2016.

Last one week high and low of the scrip stood at Rs. 64.30 and Rs. 59.15 respectively. The current market cap of the company is Rs. 932.86 crore.

The promoters holding in the company stood at 66.22%, while Institutions and Non-Institutions held 8.31% and 25.47% respectively.

Oricon Enterprises’ wholly owned subsidiary - Oriental Containers has entered into a co-operation agreement with Pelliconi C & SPA, Italy for jointly developing closure business in Indian market by implementing new business lines besides the products manufactured by Oriental Containers.

PeIliconi is one of the world's leading companies in the manufacture of closures (mainly metal crown, aluminium ring pull and Maxi P closures) for the developed industries.

Oricon Enterprises is engaged in the business of manufacturing petrochemical products and developing real estate.

Related Oricon Enterprises Ltd. Links:

Oricon Enterprises Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323