SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Binny inches up on getting nod to sell windmill lands for Rs 36 crore

23 Jun 2022 Evaluate

Binny is currently trading at Rs. 234.45, up by 0.10 points or 0.04% from its previous closing of Rs. 234.35 on the BSE.

The scrip opened at Rs. 231.65 and has touched a high and low of Rs. 238.95 and Rs. 230.00 respectively. So far 1219 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 5 has touched a 52 week high of Rs. 428.70 on 30-Mar-2022 and a 52 week low of Rs. 115.00 on 23-Jun-2021.

Last one week high and low of the scrip stood at Rs. 256.95 and Rs. 225.10 respectively. The current market cap of the company is Rs. 518.37 crore.

The promoters holding in the company stood at 74.69%, while Institutions and Non-Institutions held 3.34% and 21.98% respectively.

Binny has received approval for the sale of 600 acres of company’s windmill lands located at Perungudi and Veppilangulam villages, Tirunelveli district for a total sale consideration of Rs 36 crore (Rs 6 lakh per acre). The board of directors at their meeting held on June 23, 2022 transacted and approved the same.

Binny is engaged in the business of marketing textiles goods, marketing engineering and other products, shipping related business, operating cold storage at Cochin, travel agency business approved by IATA and TAI, real estate and Container Freight Station.

Binny Share Price

145.50 0.00 (0.00%)
08-Jul-2024 16:01 View Price Chart
Peers
Company Name CMP
Welspun Living 133.75
Vardhman Textiles 580.60
Arvind 435.40
K.P.R. Mill 954.80
Page Industries 37326.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×