Jagatjit Industries is currently trading at Rs. 224.00, up by 4.65 points or 2.12% from its previous closing of Rs. 219.35 on the BSE.
The scrip opened at Rs. 223.75 and has touched a high and low of Rs. 228.90 and Rs. 221.40 respectively. So far 12760 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 247.10 on 06-Nov-2023 and a 52 week low of Rs. 72.25 on 23-Nov-2022.
Last one week high and low of the scrip stood at Rs. 238.00 and Rs. 203.55 respectively. The current market cap of the company is Rs. 1045.44 crore.
The promoters holding in the company stood at 88.03%, while Institutions and Non-Institutions held 0.02% and 11.96% respectively.
Jagatjit Industries has received approval to avail Term Loan of Rs 180 crore from Indian Renewable Energy Development Agency (IREDA) for setting up 200 KLPD Grain based Ethanol Distillery Plant at the Company’s unit situated at Jagatjit Nagar, Village Hamira, Distt. Kapurthala, Punjab for production of Ethanol from Grain. The Board of Directors of the Company at their meeting held on November 14, 2023 inter alia considered and approved the same.
Jagatjit Industries is one of the largest IMFL players in the country was set up in the year 1944, in the erstwhile State of Kapurthala. The company manufactures the entire range of alcoholic beverages i.e. Whisky, Rum, Gin and Vodka.
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