Avonmore Capital & Management Services is currently trading at Rs. 14.20, up by 0.05 points or 0.35% from its previous closing of Rs. 14.15 on the BSE.
The scrip opened at Rs. 14.50 and has touched a high and low of Rs. 14.50 and Rs. 14.20 respectively.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 36.20 on 25-Apr-2018 and a 52 week low of Rs. 11.50 on 15-Feb-2019.
Last one week high and low of the scrip stood at Rs. 18.45 and Rs. 12.45 respectively. The current market cap of the company is Rs. 35.19 crore.
The promoters holding in the company stood at 49.85%, while Institutions and Non-Institutions held 0.01% and 50.14% respectively.
Avonmore Capital & Management Services has received an approval to transfer its entire stake i.e. 51% in ‘TRP Social Consultants’, and such transfer will result in cessation of Holding-Subsidiary relationship between ‘TRP Social Consultants’ and ‘Avonmore Capital & Management Services (ACMS). The Committee of Board of Directors in their meeting held on March 19, 2019, approved the same.
The said subsidiary is not a material subsidiary and was not contributing in the revenue of the Company.
The company is registered with the Reserve Bank of India to carry on the Business of a Non-Banking Financial Institution without accepting public deposits and presently, the company is involved in NBFC activities and sub-broker advisory services.
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