Shri Bajrang Alloys jumps on acquiring Shri Bajrang Agro Processing

15 May 2019 Evaluate

Shri Bajrang Alloys is currently trading at Rs. 17.50, up by 1.10 points or 6.71% from its previous closing of Rs. 16.40 on the BSE.

The scrip opened at Rs. 17.50 and has touched a high and low of Rs. 17.50 and Rs. 17.50 respectively. So far 1 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 24.35 on 05-Jun-2018 and a 52 week low of Rs. 14.20 on 10-Oct-2018.

Last one week high and low of the scrip stood at Rs. 17.50 and Rs. 15.75 respectively. The current market cap of the company is Rs. 15.75 crore.

The promoters holding in the company stood at 60.12%, while Non-Institutions held 39.88% stake in the company.

Shri Bajrang Alloys has acquired 100% Equity shares of Shri Bajrang Agro Processing (Formerly known as Shri Bajrang Steel and Power) on May 14, 2019. This transaction would enable Shri Bajrang Alloys to expand its food products business with a view to harvest significant synergies and for further expansion and creation of employment.

Shri Bajrang Alloys is recognized as one of the largest structural rolling mills in Chattisgarh, India. Bajrang Alloys rolls a complete range of products like Beams / Joists, Channels, Angles and custom built items.

Shri Bajrang Allianc Share Price

263.25 0.00 (0.00%)
28-Mar-2024 16:00 View Price Chart
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