Future Enterprises is currently trading at Rs. 35.05, up by 2.05 points or 6.21% from its previous closing of Rs. 33.00 on the BSE.
The scrip opened at Rs. 33.35 and has touched a high and low of Rs. 35.35 and Rs. 32.75 respectively. So far 21047 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 56.95 on 08-Dec-2017 and a 52 week low of Rs. 30.45 on 01-Oct-2018.
Last one week high and low of the scrip stood at Rs. 41.60 and Rs. 30.45 respectively. The current market cap of the company is Rs. 1578.41 crore.
The promoters holding in the company stood at 50.20%, while Institutions and Non-Institutions held 4.41% and 45.40% respectively.
Future Enterprises has executed shareholders agreement and share subscription agreement, to acquire majority stake in Livquik Technology (India). Consequent to subscription of the majority share capital, Livquik will become subsidiary of the company.
Livquik is engaged in digital payment instrument and payment gateway services. The activities carried out by Livquik is expected to add value to the business of the company.
Future Enterprises is leading retailer that operates multiple retail formats in both value and lifestyle segment of Indian consumer market.
