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IndiaNivesh shines on acquiring 1.83% equity capital of Jupiter Enterprises

04 Apr 2013 Evaluate

IndiaNivesh is currently trading at Rs. 42.10, up by 0.15 points or 0.36% from its previous closing of Rs. 41.95 on the BSE.

The scrip opened at Rs. 41.85 and has touched a high and low of Rs. 42.10 and Rs. 41.75 respectively. So far 4180 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 43.45 on 27-Sep-2012 and a 52 week low of Rs. 40.30 on 18-May-2012.

Last one week high and low of the scrip stood at Rs. 42.30 and Rs. 41.80 respectively. The current market cap of the company is Rs. 157.61 crore.

The promoters holding in the company stood at 53.93% while Institutions and Non-Institutions held 6.46% and 39.61% respectively.

IndiaNivesh has further acquired 149,800 equity shares representing 1.83% of total paid up equity capital of Jupiter Enterprises (JEL). Consequent upon said acquisition, the total holding of the company stands at 4,177,000 equity shares representing 50.98% of the total paid up equity share capital of Jupiter Enterprises and Jupiter Enterprises has become a subsidiary of the company.

IndiaNivesh is into the business of settlement or acquisition of stressed assets. INL is also registered with Reserve Bank of India (RBI) as a Non Banking Financial Company (NBFC). The company is a professionally managed company and has a very dedicated and experienced team of professionals who are competent to identify value assets.

India Nivesh Share Price

7.52 0.20 (2.73%)
21-Apr-2026 16:59 View Price Chart
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