SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Centum Electronics shines on getting nod to increase stake in Centum Adetel Group SA

07 May 2020 Evaluate

Centum Electronics is currently trading at Rs. 220.00, up by 3.10 points or 1.43% from its previous closing of Rs. 216.90 on the BSE.

The scrip opened at Rs. 221.00 and has touched a high and low of Rs. 221.00 and Rs. 220.00 respectively. So far 13 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 575.00 on 30-May-2019 and a 52 week low of Rs. 180.00 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 250.00 and Rs. 210.55 respectively. The current market cap of the company is Rs. 279.47 crore.

The promoters holding in the company stood at 58.80%, while Institutions and Non-Institutions held 7.93% and 33.26% respectively.

Centum Electronics’ board has approved the proposal for further investment in Centum Adetel Group (CAG) SA. With the proposed investment, Centum Electronics’ stake in CAG will increase from the current level of 54.15% to 59.80%. Further, the said investment will be done through Centum Electronics UK, a wholly owned subsidiary of the company, subject to necessary approvals. The board of directors of the company at their meeting held on May 6, 2020 has approved the same.

Centum Electronics is engaged in designing and manufacturing of advanced electronics systems, subsystems, and components. These products cater to various segments such as communications, military, space, automotive and industrial electronics.

Centrum Electronics Share Price

3083.75 36.65 (1.20%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×