Mercator is currently trading at Rs. 42.95, up by 0.25 points or 0.59% from its previous closing of Rs. 42.70 on the BSE.
The scrip opened at Rs. 43.00 and has touched a high and low of Rs. 43.60 and Rs. 42.50 respectively. So far 225302 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 55.20 on 24-Apr-2017 and a 52 week low of Rs. 32.90 on 22-Nov-2016.
Last one week high and low of the scrip stood at Rs. 45.35 and Rs. 42.45 respectively. The current market cap of the company is Rs. 1152.44 crore.
The promoters holding in the company stood at 34.33%, while Institutions and Non-Institutions held 14.99% and 50.68% respectively.
Mercator has received an approval for raising funds up to an aggregate amount of $50 million or in equivalent Indian Currency amount by way of issue of securities/Foreign Currency Convertible Bonds or raising capital by way of Qualified Institutional Placement/ADR/GDR or any other method; in Indian or International. The board of directors at their meeting held on July 25, 2017, has approved for the same.
Mercator is the second-largest private sector shipping company on a consolidated basis in India, in terms of tonnage capacity. The group has a presence in varied segments namely shipping, offshore services, oil exploration and production, dredging, coal mining/trading and logistics.
Company Name | CMP |
---|---|
Shipping Corpn. | 232.75 |
GE Shipping | 1083.20 |
Dredging Corp | 830.80 |
Shreyas Shipping | 297.65 |
Seamec | 1126.40 |
View more.. |