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Shilp Gravures jumps on plans to acquire land admeasuring 1521.7 square meters in Gujarat

06 Aug 2012 Evaluate

Shilp Gravures is currently trading at Rs. 38.55, up by 1.80 points or 4.90% from its previous closing of Rs. 36.75 on the BSE.

The scrip opened at Rs. 38.00 and has touched a high and low of Rs. 38.55 and Rs. 38.00 respectively. So far 1000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 45.35 on 24-Aug-2011 and a 52 week low of Rs. 33.20 on 30-Dec-2011.

Last one week high and low of the scrip stood at Rs. 38.55 and Rs. 34.40 respectively. The current market cap of the company is Rs. 23.71 crore.

The promoters holding in the company stood at 57.73% while Non-Institutions held 42.27% respectively.

Shilp Gravures has received an approval to acquire land plot admeasuring 1521.7 square meters bearing Plot no 782/2 located at Rakanpur village in Gujarat state. The board at its meeting held on August 04, 2012 has approved for the same.

Shilp Gravures is India's pioneer and undisputed leader in electro-mechanical engraving, with a substantial market share of the flexible packaging industry. Shilp Gravures has assimilated the world's best equipment and infrastructure available in the field at its plants.

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