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Binny surges on getting nod to sell Coal Yard Property in Chennai

03 Jan 2018 Evaluate

Binny is currently trading at Rs. 272.50, up by 8.80 points or 3.34% from its previous closing of Rs. 263.70 on the BSE.

The scrip opened at Rs. 276.80 and has touched a high and low of Rs. 276.85 and Rs. 257.05 respectively. So far 21828 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 5 has touched a 52 week high of Rs. 374.80 on 09-Jun-2017 and a 52 week low of Rs. 72.10 on 13-Jan-2017.

Last one week high and low of the scrip stood at Rs. 276.85 and Rs. 226.05 respectively. The current market cap of the company is Rs. 614.90 crore.

The promoters holding in the company stood at 70.04%, while Institutions and Non-Institutions held 3.73% and 26.23% respectively.

Binny has received an approval for sale of  Coal Yard Property (Part) to an extent of 33 grounds and 523.712 Sq.Ft. situated at Govindan Street, Perambur, Chennai, for a consideration of Rs 25.50 crore to Everwin Educational and Charitable Trust (Everwin School Group), Kolathur. The board of directors at their meeting held on January 3, 2018, has approved for the same.

Binny is engaged in the business of marketing textiles goods, marketing engineering and other products, shipping related business, operating cold storage at Cochin, travel agency business approved by IATA and TAI, real estate and Container Freight Station.

Binny Share Price

145.50 0.00 (0.00%)
08-Jul-2024 16:01 View Price Chart
Peers
Company Name CMP
Welspun Living 132.40
Vardhman Textiles 560.40
Arvind 390.50
K.P.R. Mill 922.70
Page Industries 37966.05
View more..

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