Rushil Decor touches roof on getting nod to raise Rs 25 crore

13 Nov 2019

Rushil Decor is locked at upper circuit limit at Rs. 119.35, up by 5.65 points or 4.97% from its previous closing of Rs. 113.70 on the BSE.

The scrip opened at Rs. 119.35 and has touched a high and low of Rs. 119.35 and Rs. 119.35 respectively. So far 177 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 705.00 on 24-May-2019 and a 52 week low of Rs. 91.10 on 01-Nov-2019.

Last one week high and low of the scrip stood at Rs. 119.35 and Rs. 95.00 respectively. The current market cap of the company is Rs. 178.21 crore.

The promoters holding in the company stood at 52.91%, while Institutions and Non-Institutions held 12.52% and 34.58% respectively.

Rushil Decor’s board has approved the issuance of equity shares of the company for an amount aggregating upto Rs 25 crore by way of right issue to the eligible equity shareholders of the company. The Board of Directors in its meeting held on November 11, 2019 has approved the same.

Rushil Decor is engaged in the business of laminated sheets and other allied items, and medium density fiber board. The company's segments include Decorative Laminated Sheets, Particle Board and Medium Density Fiber Board.

Related Rushil Decor Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323