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Anjani Portland Cement soars on acquiring additional 2.38% stake in Bhavya Cements

19 Jul 2021 Evaluate

Anjani Portland Cement is currently trading at Rs. 472.70, up by 42.05 points or 9.76% from its previous closing of Rs. 430.65 on the BSE.

The scrip opened at Rs. 439.70 and has touched a high and low of Rs. 473.50 and Rs. 439.60 respectively. So far 26404 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 473.50 on 19-Jul-2021 and a 52 week low of Rs. 126.00 on 17-Aug-2020.

Last one week high and low of the scrip stood at Rs. 473.50 and Rs. 386.65 respectively. The current market cap of the company is Rs. 1171.36 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.15% and 24.85% respectively.

Anjani Portland Cement has purchased another 3323423 (2.38%) fully paid-up Equity Shares of Bhavya Cements (Investee Company) from its existing Shareholders at a price of Rs 52.59 per Share.

The objective of purchase is to further consolidate the shareholding of the company in Bhavya Cements. The additional purchase would result in an increase in company’s shareholding in Bhavya Cements from 89.15% to 91.52%.

Anjani Portland Cement is engaged in the business of manufacturing of cement.

Anjani Portland Cem. Share Price

119.35 -0.45 (-0.38%)
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
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