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Birla Tyres surges on getting nod for raising up to Rs 1,100 crore

31 Aug 2020 Evaluate

Birla Tyres is currently trading at Rs. 26.00, up by 0.30 points or 1.17% from its previous closing of Rs. 25.70 on the BSE.

The scrip opened at Rs. 26.80 and has touched a high and low of Rs. 26.80 and Rs. 25.00 respectively. So far 103894 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.10 on 03-Jul-2020 and a 52 week low of Rs. 2.52 on 26-Mar-2020.

Last one week high and low of the scrip stood at Rs. 26.80 and Rs. 22.10 respectively. The current market cap of the company is Rs. 373.59 crore.

The promoters holding in the company stood at 53.13%, while Institutions and Non-Institutions held 3.60% and 38.08% respectively.

Birla Tyres has received an approval for raising up to Rs 1,100 crore. The company's board has approved a fund raising plan of an amount aggregating up to Rs 1,100 crore.

Birla Tyres is one of the best tyre manufacturers in India.

Birla Tyres Share Price

5.43 0.00 (0.00%)
23-Oct-2023 17:59 View Price Chart
Peers
Company Name CMP
MRF 128961.35
Apollo Tyres 405.95
CEAT 3267.05
Balkrishna Inds. 2181.30
JK Tyres & Inds. 395.70
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