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Provestment Services shines on acquiring Saab Travel and Tours

11 Jan 2013 Evaluate

Provestment Services is currently trading at Rs 96.00, up by 1.50 points or 1.59% from its previous closing of Rs 94.50 on the BSE.

The scrip opened at Rs 94.00 and has touched a high and low of Rs 96.00 and Rs 94.00 respectively.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 97.70 on 10-Jan-2013 and a 52 week low of Rs 15.40 on 23-May-2012.

Last one week high and low of the scrip stood at Rs 97.70 and Rs 81.50 respectively. The current market cap of the company is Rs 48.22 crore.

The promoters holding in the company stood at 25.49% while Non-Institutions held 74.51% respectively.

Provestment Services has acquired Saab Travel and Tours. The company has taken over 86.03% holding of Saab Travel and Tours as on January 09, 2013. Post this acquisition it becomes the subsidiary of a company.

Provestment Services is an international strategy and general management consulting firm. As a truly global firm, its strong global presence offers clients and employees a wealth of cross-cultural experience. The company, an established project/corporate consultant, is also a RBI authorized Full Fledged Moneychanger and has strategic tie-ups with IATA for Travel Solutions.

Peers
Company Name CMP
Bajaj Finserv 1769.00
TVS Holdings 12604.30
Cholamandalam Fin. 1401.90
Altius Telecom Infra 175.00
Kama Holdings 2233.20
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