Krypton Industries is currently trading at its upper circuit of Rs. 13.07, up by 0.62 points or 4.98% from its previous closing of Rs. 12.45 on the BSE.
The scrip opened at Rs. 12.45 and has touched a high and low of Rs. 13.07 and Rs. 12.45 respectively. So far 1329 shares were traded on the counter.
The BSE group 'ST' stock of face value Rs. 10 has touched a 52 week high of Rs. 17.60 on 24-Apr-2017 and a 52 week low of Rs. 8.50 on 24-Oct-2017.
Last one week high and low of the scrip stood at Rs. 13.07 and Rs. 12.00 respectively. The current market cap of the company is Rs. 19.21 crore.
The promoters holding in the company stood at 26.49%, while institutions and non-institutions held 0.02% and 73.49% respectively.
Krypton Industries has proposed to do a Joint Venture (JV) to manufacture footwear & footwear components, with Modernzege Leather Products PLC, an Ethopian Company situated at Addis Ababa Ethiopia is engaged in manufacturing, sale and distribution of Leather products in Ethiopia and outside Ethiopia. The board of directors at its meeting held on January 12, 2018 has taken the note of it.
Further, the company proposed to form a private company for the purpose of manufacturing, marketing, distributing and exporting footwear and related products. The expected initial investment will be of around $160,000 or around Rs 1 crore.
Krypton Industries is an India-based company, which is engaged in tire and hospital/disabled support equipment business.
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