Hindusthan Urban Infrastructure is currently trading at Rs. 837.90, up by 12.90 points or 1.56% from its previous closing of Rs. 825.00 on the BSE.
The scrip opened at Rs. 750.05 and has touched a high and low of Rs. 837.90 and Rs. 750.05 respectively. So far 21 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 1650.00 on 09-Jan-2018 and a 52 week low of Rs. 640.10 on 01-Oct-2018.
Last one week high and low of the scrip stood at Rs. 859.95 and Rs. 711.50 respectively. The current market cap of the company is Rs. 109.70 crore.
The promoters holding in the company stood at 74.66%, while Institutions and Non-Institutions held 0.35% and 24.99% respectively.
Hindusthan Urban Infrastructure has raised funds worth Rs 95,18,97,000. The Board of Directors of the Company in their Meeting held on December 12, 2018, has issued and allotted 9,51,89,700, 1% Redeemable Non-Cumulative Non-Convertible Preference Shares (NCPS) of Rs 10 each at par to Hindusthan Engineering & Industries (HEIL) aggregating to Rs 95,18,97,000 on private placement basis.
NCPS shall carry 1% dividend and redeemable at the end of 20 years from the date of issue and shall be redeemed at par of Rs 10 per NCPS. The said NCPS are not proposed to be listed on stock exchange.
Hindusthan Urban Infrastructure, together with its subsidiaries, manufactures and sells overhead conductors and electro-porcelain high tension (HT) insulators in India and internationally.
