Shree Nath Commercial is currently trading at Rs. 12.90, up by 0.20 points or 1.57% from its previous closing of Rs. 12.70 on the BSE.
The scrip opened at Rs. 12.25 and has touched a high and low of Rs. 13.30 and Rs. 12.10 respectively. So far 66402 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 41.80 on 25-Jan-2011 and a 52 week low of Rs. 9.90 on 11-Mar-2011.
Last one week high and low of the scrip stood at Rs. 15.00 and Rs. 12.10 respectively. The current market cap of the company is Rs. 151.89 crore.
The promoters holding in the company stood at 14.09% while Non-Institutions held 85.91%.
Shree Nath Commercial & Finance has received an approval where the board has decided to exit the investment made in its 51% subsidiary - GSR Techno Consultancy and sell its stake. The company has received an approval at its board meeting held on August 22, 2011.
In January this year, Shree Nath Commercial & Finance’s subsidiary GSR Techno Consultancy’s flagship site www.outofcity.com (OOC) had successfully started offering international car inventory reservation across the globe to its registered customers. OOC is the only corporate platform today in online space to offer real time reservation in 175 countries in 25000 city and airport locations. With this OOC’s corporate as well as agency customers can start making International car reservation on click of mouse at a very competitive rate.
Shree Nath Commercial & Finance is in the business of commercial finance in India. It lends money to other companies, as well as deals in shares and stocks.
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