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Bhagyanagar India trades with traction on acquiring 74% stake in Solar Dynamics

05 Jun 2012 Evaluate

Bhagyanagar India is currently trading at Rs. 15.00, up by 0.30 points or 2.04% from its previous closing of Rs. 14.70 on the BSE.

The scrip opened at Rs. 14.80 and has touched a high and low of Rs. 15.00 and Rs. 14.80 respectively. So far 2414 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 22.90 on 01-Jul-2011 and a 52 week low of Rs. 12.90 on 16-May-2012.

Last one week high and low of the scrip stood at Rs. 15.00 and Rs. 14.15 respectively. The current market cap of the company is Rs. 96.30 crore.

The promoters holding in the company stood at 69.56% while Institutions and Non-Institutions held 2.63% and 27.80% respectively.

Bhagyanagar India as acquired 74% of the paid up equity share capital of Solar Dynamics having registered office at S P Road, Secunderabad. Accordingly, Solar Dynamics has become a subsidiary of the company.

Earlier in April, the company received an approval for making investments in solar farms up to a capacity of 5 MW under REC Scheme.

Bhagyanagar India is presently engaged in the manufacture of copper rods, copper foils, copper pipes, copper sheets, annealed bare copper strips; paper insulated copper conductors and insulated copper coils (field coils). 

Bhagyanagar India Share Price

211.75 6.75 (3.29%)
17-Apr-2026 16:59 View Price Chart
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