Amarjothi Spinning Mills is currently trading at Rs. 118.00, up by 1.05 points or 0.90% from its previous closing of Rs. 116.95 on the BSE.
The scrip opened at Rs. 116.00 and has touched a high and low of Rs. 121.30 and Rs. 114.20 respectively. So far 4991 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 249.95 on 07-Aug-2017 and a 52 week low of Rs. 114.20 on 04-May-2018.
Last one week high and low of the scrip stood at Rs. 124.95 and Rs. 114.20 respectively. The current market cap of the company is Rs. 79.85 crore.
The promoters holding in the company stood at 55.05%, while the Non-Institutions held 44.94% stake in the company.
Amarjothi Spinning Mills has acquired 1,000 equity shares (3.65%) of Rs 10 each in the share capital of Puvaneswari Enterprises Wind Farms. The company has acquired the above mentioned equity shares for a cash consideration at Rs 10 per share. The acquisition of shares was completed on April 30, 2018.
Puvaneswari Enterprises Wind Farms is engaged in the business of buy, sell, supply or distribute electricity or power from any other wind mill or power generation companies or from the government and provide all infrastructure facilities to wind power electricity or power generation and distribution industries.
Amarjothi Spinning Mills is engaged in the manufacturing and marketing of melange Yarn in India and internationally.
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