V-Guard Industries is currently trading at Rs. 247.00, up by 7.65 points or 3.20% from its previous closing of Rs. 239.35 on the BSE.
The scrip opened at Rs. 241.90 and has touched a high and low of Rs. 249.90 and Rs. 240.00 respectively. So far 1021403 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 249.90 on 22-Jan-2018 and a 52 week low of Rs. 125.74 on 20-Jan-2017.
Last one week high and low of the scrip stood at Rs. 249.90 and Rs. 227.10 respectively. The current market cap of the company is Rs. 10423.14 crore.
The promoters holding in the company stood at 64.47%, while Institutions and Non-Institutions held 24.05% and 11.49% respectively.
V-Guard Industries has received an approval for raising of funds up to Rs 500 crore. The board of directors at its meeting held on January 22, 2018 has approved for the same.
The company will raise funds by way of issue of equity shares or any other instrument or security including non-convertible debentures or fully / partly convertible debentures or by way of a composite issue of non-convertible debentures and warrants through qualified institutional placement or private placement or combination of the above, as may be considered appropriate, subject to such approvals as may be required including the approval of the members in general meeting or through postal ballot-process and further subject to such other statutory / regulatory approvals, as applicable.
V-Guard Industries manufactures a range of products namely voltage stabilizers, pumps, electric water heaters, solar water heaters, cables, UPS, ceiling fans, etc.
