SVP Global Ventures is currently trading at Rs. 383.00, up by 8.35 points or 2.23% from its previous closing of Rs. 374.65 on the BSE.
The scrip opened at Rs. 379.00 and has touched a high and low of Rs. 399.00 and Rs. 379.00 respectively. So far 14204 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 395.00 on 11-Apr-2019 and a 52 week low of Rs. 235.00 on 25-Jan-2019.
Last one week high and low of the scrip stood at Rs. 385.00 and Rs. 343.00 respectively. The current market cap of the company is Rs. 485.00 crore.
The promoters holding in the company stood at 68.71%, while Non-Institutions held 31.29%.
SVP Global Ventures' subsidiary -- Citron Infraprojects’ board on recommendation of the Audit Committee, has filed a demerger application for re-organizing of its business into two parts i.e. Core business and Non-core business separately in order to focus more on core activities.
The company will be able to achieve its target of exiting all non-core and low margin trading businesses and at same time reduce its financial liabilities to the extent attributable to the Noncore activities.
SVP Global Ventures was incorporated with the main object of carrying on the business as an investment company. Later, the company diversified to the business of media and entertainment.
