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Coffee Day Enterprises inches up on getting approval to investment in subsidiary

04 Apr 2019 Evaluate

Coffee Day Enterprises is currently trading at Rs. 275.10, up by 0.15 points or 0.05% from its previous closing of Rs. 274.95 on the BSE.

The scrip opened at Rs. 276.90 and has touched a high and low of Rs. 280.00 and Rs. 273.00 respectively. So far 11392 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 356.20 on 30-Apr-2018 and a 52 week low of Rs. 237.10 on 17-Aug-2018.

Last one week high and low of the scrip stood at Rs. 298.00 and Rs. 272.00 respectively. The current market cap of the company is Rs. 5771.40 crore.

The promoters holding in the company stood at 53.93%, while Institutions and Non-Institutions held 6.11% and 39.96% respectively.

Coffee Day Enterprises has received approval to invest in the newly incorporated 100% subsidiary - Coffee Day Consultancy Services. The investment will be done by the company and its material subsidiary Coffee Day Global.

The objective of Acquisition is to facilitate expansion of business of the subsidiary that is Coffee Day Consultancy Services and to expand the F&G business carried out by the subsidiary of Coffee Day Consultancy Services. The cost of Acquisition is worth Rs 26 crore.

Coffee Day Enterprises is the parent company of the Coffee Day Group, which houses Cafe Coffee Day that pioneered the coffee culture in the chained cafe segment in India.


Coffee Day Enter. Share Price

27.93 -0.25 (-0.89%)
16-Apr-2026 16:59 View Price Chart
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