Vadilal Industries surges on incorporating wholly owned subsidiary

04 Feb 2020 Evaluate

Vadilal Industries is currently trading at Rs. 841.00, up by 21.55 points or 2.63% from its previous closing of Rs. 819.45 on the BSE.

The scrip opened at Rs. 827.20 and has touched a high and low of Rs. 841.50 and Rs. 822.45 respectively. So far 1818 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 874.90 on 27-Jan-2020 and a 52 week low of Rs. 441.15 on 11-Feb-2019.

Last one week high and low of the scrip stood at Rs. 869.70 and Rs. 807.40 respectively. The current market cap of the company is Rs. 600.18 crore.

The promoters holding in the company stood at 64.73%, while Institutions and Non-Institutions held 1.33% and 33.95% respectively.

Vadilal Industries has incorporated a wholly owned subsidiary company -- Vadilal Delights on February 01, 2020. The Company has incorporated a wholly owned subsidiary for carrying out Manufacturing and Marketing of Ice-Cream, Frozen Dessert, Process food products and other related activities. The cost at which the shares are acquired is Rs 50 lakh.

Vadilal Industries is engaged in the manufacture and sale of ice-cream and processed food products.

Vadilal Industries Share Price

4530.00 250.80 (5.86%)
25-Apr-2024 16:01 View Price Chart
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