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Share India Securities zooms on investing in wholly owned subsidiary

09 Mar 2021 Evaluate

Share India Securities is currently trading at Rs. 273.00, up by 17.95 points or 7.04% from its previous closing of Rs. 255.05 on the BSE.

The scrip opened at Rs. 258.25 and has touched a high and low of Rs. 284.30 and Rs. 255.00 respectively. So far 5864 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 284.30 on 09-Mar-2021 and a 52 week low of Rs. 36.15 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 284.30 and Rs. 234.05 respectively. The current market cap of the company is Rs. 826.38 crore.

The promoters holding in the company stood at 55.87% and Non-Institutions held 44.13%.

Share India Securities has invested in Share India Global, wholly owned subsidiary of company, a total amount of $3,00,000 which includes the already agreed amount of $10,000 as Contribution. The investment would result into business synergy and enhance the current business operation of the company.

Share India Securities is currently engaged in the business of equity broking, investing and trading activities.

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