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Technocraft Industries zooms on incorporating Joint Venture

07 Jun 2019 Evaluate

Technocraft Industries (India) is currently trading at Rs. 459.00, up by 16.15 points or 3.65% from its previous closing of Rs. 442.85 on the BSE.

The scrip opened at Rs. 456.20 and has touched a high and low of Rs. 460.70 and Rs. 455.20 respectively. So far 1272 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 650.45 on 12-Nov-2018 and a 52 week low of Rs. 431.30 on 04-Jun-2019.

Last one week high and low of the scrip stood at Rs. 476.00 and Rs. 431.30 respectively. The current market cap of the company is Rs. 1122.79 crore.

The promoters holding in the company stood at 73.26%, while Institutions and Non-Institutions held 4.77% and 21.97% respectively.

Technocraft Industries (India) has incorporated an LLP as a Joint Venture for providing service of recruitment/ training of highly educated/skilled people from India to overseas corporates.

The name of the Joint Venture is Benten Technologies LLP. Capital contribution and Profit/Loss sharing ratio shall be in the ratio of 50:50. Total initial capital contribution is Rs 1 lakh of which Technocraft Industries (India) shall contribute 50% i.e. Rs 50,000 and other partner shall contribute Rs 50,000.

Technocraft Industries (India) is engaged in the manufacturing of drum closures, tubes and scaffoldings, knitted and crocheted cotton fabrics, textile garments, and preparation and spinning of cotton fiber.

Technocraft Inds Share Price

2496.50 -47.40 (-1.86%)
23-Apr-2026 16:59 View Price Chart
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