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Ramco Industries rises on investing Rs 2 crore in Lynks Logistics

07 Sep 2020 Evaluate

Ramco Industries is currently trading at Rs. 186.60, up by 1.70 points or 0.92% from its previous closing of Rs. 184.90 on the BSE.

The scrip opened at Rs. 188.85 and has touched a high and low of Rs. 188.85 and Rs. 186.00 respectively. So far 1987 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 213.80 on 14-Jan-2020 and a 52 week low of Rs. 104.00 on 19-May-2020.

Last one week high and low of the scrip stood at Rs. 195.00 and Rs. 170.00 respectively. The current market cap of the company is Rs. 1629.27 crore.

The promoters holding in the company stood at 54.03%, while Institutions and Non-Institutions held 6.18% and 39.65% respectively.

Ramco Industries has invested Rs 2,35,57,254 in the Capital of Lynks Logistics by way of subscribing to 2,35,57 ,254 equity shares of Re 1 each, through their Rights Issue. Consequent to the investment, the total shareholding of Company in Lynks Logistics is 22,54,57,254 shares of face value of Re 1 each constituting 23.35% of its paid up share capital.

Ramco Industries is engaged in the manufacturing of fibre cement sheets, fibre cement pressure pipes, calcium silicate boards, cement and plastic storage containers.

 

Ramco Inds. Share Price

278.75 5.05 (1.85%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
View more..

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