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Shree Surgovind Tradelink moves up on planning to raise funds via QIP

22 Nov 2018 Evaluate

Shree Surgovind Tradelink is currently trading at Rs. 45.55, up by 0.85 points or 1.90% from its previous closing of Rs. 44.70 on the BSE.

The scrip opened at Rs. 45.55 and has touched a high and low of Rs. 45.55 and Rs. 45.55 respectively.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 103.50 on 24-Sep-2018 and a 52 week low of Rs. 7.49 on 22-Nov-2017.

Last one week high and low of the scrip stood at Rs. 45.55 and Rs. 42.20 respectively. The current market cap of the company is Rs. 31.82 crore.

The promoters holding in the company stood at 62.14%, while Non-Institutions held 37.86% stake in the company.

Shree Surgovind Tradelink is planning to raise funds by issuing securities through Qualified Institutional Placement (QIP). The meeting of the Board of Directors of the company is scheduled to be held on November 24, 2018, to consider the same.

Shree Surgovind Tradelink deals mainly in cereals, pulses and onion export. 

Peers
Company Name CMP
Redington 392.20
Amrapali Industries 37.05
Adani Enterprises 3100.00
Rashi Peripheral 805.00
PDS 348.90
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