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Manaksia Aluminium Company spurts on getting nod to increase authorized capital limit

22 Jan 2020 Evaluate

Manaksia Aluminium Company is currently trading at Rs. 5.39, up by 0.59 points or 12.29% from its previous closing of Rs. 4.80 on the BSE.

The scrip opened at Rs. 5.39 and has touched a high and low of Rs. 5.39 and Rs. 5.39 respectively. So far 20 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 8.50 on 13-Feb-2019 and a 52 week low of Rs. 3.80 on 27-Nov-2019.

Last one week high and low of the scrip stood at Rs. 5.39 and Rs. 4.40 respectively. The current market cap of the company is Rs. 31.46 crore.

The promoters holding in the company stood at 71.99 % while Institutions and Non-Institutions held 0.02% and 27.99 % respectively.

Manaksia Aluminium Company has received approval for increasing authorized capital of the company and consequently alteration in the capital clause of Memorandum of Association of the company. The company has also got nod for raising fund for an amount aggregating up to Rs 990 lakh, by way of equity shares of the company to its eligible shareholders on a right basis. The Board of Directors of the Company at its meeting held on January 21, 2020 has approved the same.

Manaksia Aluminium Company is engaged in the manufacturing of aluminium rolled product. Its products include aluminium sheets and coils, flooring sheets, roofing sheets, colour coated coils, closure coils and sheets, colour coated roofing sheets etc.

Manaksia Aluminium Share Price

41.39 1.79 (4.52%)
15-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
National Aluminium 382.35
Maan Aluminium 127.40
Arfin India 91.72
Manaksia Aluminium 41.39
PG Foils 204.35
View more..

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