Zuari Industries is currently trading at Rs. 160.85, up by 5.25 points or 3.37% from its previous closing of Rs. 155.60 on the BSE.
The scrip opened at Rs. 158.80 and has touched a high and low of Rs. 169.25 and Rs. 158.00 respectively. So far 15176 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 174.00 on 14-Oct-2022 and a 52 week low of Rs. 104.50 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 169.25 and Rs. 141.10 respectively. The current market cap of the company is Rs. 483.94 crore.
The promoters holding in the company stood at 56.81%, while Institutions and Non-Institutions held 1.35% and 41.85% respectively.
Zuari Industries has received approval for the issuance of up to 2,000 Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each at par, and aggregate nominal value of up to Rs 200 crore, for cash in dematerialised form, on a private placement basis. The Board of Directors of the company at their meeting held on September 26, 2023 has, inter alia, considered and approved the same.
Zuari Global, erstwhile Zuari Industries, has been the Group holding company for the Adventz Group of Companies, with forays into fertilizer, heavy engineering, infrastructure, lifestyle and services.