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Safari Industries gains on planning to raise funds

11 Jan 2024 Evaluate

Safari Industries (India) is currently trading at Rs. 1898.25, up by 12.85 points or 0.68% from its previous closing of Rs. 1885.40 on the BSE.

The scrip opened at Rs. 1920.70 and has touched a high and low of Rs. 1941.35 and Rs. 1886.00 respectively. So far 4844 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2299.98 on 21-Nov-2023 and a 52 week low of Rs. 850.50 on 27-Jan-2023.

Last one week high and low of the scrip stood at Rs. 1973.80 and Rs. 1876.00 respectively. The current market cap of the company is Rs. 9024.69 crore.

The promoters holding in the company stood at 46.97%, while Institutions and Non-Institutions held 30.46% and 22.58% respectively.

Safari Industries (India) is planning to raise funds by way of issue of securities to one or more persons, on preferential basis in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013, as amended, subject to approval of the Members of the Company. A meeting of the Board of Directors of the Company is scheduled to be held on January 15, 2024 inter alia to consider the same. 

Safari Industries (India) is engaged in the manufacturing and marketing of luggage and luggage accessories.

Safari Industries(I) Share Price

1579.15 25.35 (1.63%)
17-Apr-2026 16:59 View Price Chart
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