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Ducon gains on getting NCLT’s nod for ongoing merger process

18 Apr 2018 Evaluate

Ducon Infratechnologies is currently trading at Rs. 32.95, up by 1.50 points or 4.77 % from its previous closing of Rs. 31.45 on the BSE.

The scrip opened at Rs. 34.55 and has touched a high and low of Rs. 34.55 and Rs. 31.00 respectively. So far 268985 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 58.00 on 15-Jan-2018 and a 52 week low of Rs. 27.25 on 21-Jun-2017.

Last one week high and low of the scrip stood at Rs. 36.10 and Rs. 30.15 respectively. The current market cap of the company is Rs. 262.33 crore.

The promoters holding in the company stood at 60.17%, while Non-Institutions held 39.82%.

Ducon Infratechnologies has received the final order from National Company Law Tribunal (NCLT) approving the scheme of arrangement concerning the amalgamation between the listed entity, Ducon Infratechnologies and the private entity Ducon Technologies India (DTIPL).

With this approval, the company is now on track to finish the pending activities pertaining to the scheme of arrangement. Consequent to this, the merged entity will start reporting its financial and operating performance from FY 2018.

Ducon Infratechnologies is a growing technology company providing solutions in the digital and infrastructure space to a variety of business segments across industries.

Ducon Infra. Share Price

3.61 -0.03 (-0.82%)
17-Apr-2026 16:59 View Price Chart
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