Ruby Mills surges on planning to raise funds via NCDs

10 Aug 2018 Evaluate

Ruby Mills is currently trading at Rs. 335.00, up by 3.40 points or 1.03% from its previous closing of Rs. 331.60 on the BSE.

The scrip opened at Rs. 325.00 and has touched a high and low of Rs. 340.00 and Rs. 308.55 respectively. So far 480 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 450.00 on 08-Jan-2018 and a 52 week low of Rs. 280.00 on 26-Mar-2018.

Last one week high and low of the scrip stood at Rs. 354.50 and Rs. 308.55 respectively. The current market cap of the company is Rs. 560.12 crore.

The promoters holding in the company stood at 74.90%, while Institutions and Non-Institutions held 0.32% and 24.78% respectively.

Ruby Mills is planning to raise funds through issuance of Convertible or Non-Convertible Debentures (NCDs) / Convertible or Non-Convertible Preference Shares / Secured Loans / Lending against Property or otherwise for financing of projects may be considered.

The meeting of the Board of Directors of the company will be held on August 14, 2018, to consider the same.

Ruby Mills is a composite textile mill, mainly manufacturing Cottons. The Products range of the company includes Cotton & Blended Yarns.

Ruby Mills Share Price

182.05 -0.90 (-0.49%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
PDS 475.00
Vardhman Textiles 445.00
Arvind 269.20
Welspun Living 137.65
Alok Inds 25.75
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