Bajaj Hindusthan Sugar is currently trading at Rs. 16.85, up by 0.75 points or 4.66% from its previous closing of Rs. 16.10 on the BSE.
The scrip opened at Rs. 17.90 and has touched a high and low of Rs. 17.90 and Rs. 16.40 respectively. So far 24,39,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 18.44 on 24-Apr-2017 and a 52 week low of Rs. 13.08 on 29-Mar-2017.
Last one week high and low of the scrip stood at Rs. 17.90 and Rs. 14.45 respectively. The current market cap of the company is Rs. 1,904.38 crore.
The promoters holding in the company stood at 26.02%, while Institutions and Non-Institutions held 41.13% and 32.86% respectively.
Bajaj Hindusthan Sugar has successfully implemented the BHSL S4A Scheme. The company has allotted 34,83,24,626 fully paid-up Optionally Convertible Debentures (OCDs) of face value Rs 100 each aggregating to Rs 3483.25 crore upon conversion of Part-B (Unsustainable Loan) to JLF Lenders. It has also sold and transferred 11,99,87,344 equity shares of Rs 1 each to JLF lenders. Consequently the promoters’ shareholding stands reduced to 15.43%.
Bajaj Hindusthan Sugar is engaged in the manufacture of sugar. The company is India’s largest ethanol producer and the pioneer of India’s fuel ethanol programme. They also generate power from the bagasse produced in their sugar mills. As well as produces environment-friendly Medium Density Fibre Boards (MDF) and Particle Boards (PB), both from their bagasse waste.
Company Name | CMP |
---|---|
Shree Renuka Sugar | 42.38 |
Bajaj Hindusthan Sug | 30.25 |
Triveni Engg. & Inds | 325.70 |
Balrampur Chini Mill | 365.75 |
Dalmia Bharat Sugar | 360.15 |
View more.. |