Future Ventures India is currently trading at Rs. 9.35, up by 0.09 points or 0.97% from its previous closing of Rs. 9.26 on the BSE.
The scrip opened at Rs. 9.25 and has touched a high and low of Rs. 9.45 and Rs. 9.25 respectively. So far 102918 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 9.98 on 30-Sep-2011 and a 52 week low of Rs. 7.80 on 07-May-2012.
Last one week high and low of the scrip stood at Rs. 9.45 and Rs. 9.00 respectively. The current market cap of the company is Rs. 1470.64 crore.
The promoters holding in the company stood at 37.32% while Institutions and Non-Institutions held 6.86% and 55.82% respectively.
Future Ventures India (FVIL) has made further investment of Rs 8.40 crore by way of subscription and allotment of further equity shares of Aadhaar Retailing (ARL), a subsidiary of FVIL. The shareholding of FVIL in ARL continues to be at 70% with the balance 30% in ARL held by the Godrej Group.
The company has also made further investment of Rs 2 crore by way of subscription and allotment of further equity shares of Clarks Future Footware (CFFL).
Recently, the company made an investment in Star and Sitara Wellness (SSWPL), by acquisition of 100% equity share capital of SSWPL, for an aggregate sum of Rs 1.00 lakh. FVIL has further undertaken to make an additional investment in SSWPL, wholly owned subsidiary of FVIL, by subscribing to further issue of equity shares amounting to Rs 17.99 crore, taking total investment amount to Rs 18.00 crore.
