Apar Industries is currently trading at Rs. 6106.65, up by 365.85 points or 6.37% from its previous closing of Rs. 5740.80 on the BSE.
The scrip opened at Rs. 5787.10 and has touched a high and low of Rs. 6386.50 and Rs. 5743.10 respectively. So far 28182 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 6386.50 on 30-Jan-2024 and a 52 week low of Rs. 1357.50 on 31-Jan-2023.
Last one week high and low of the scrip stood at Rs. 6386.50 and Rs. 5334.10 respectively. The current market cap of the company is Rs. 24281.75 crore.
The promoters holding in the company stood at 57.77%, while Institutions and Non-Institutions held 29.59% and 12.64% respectively.
Apar Industries has received approval for incorporation of Wholly Owned subsidiary (WOS) in Brazil to trade in Conductors, Rods, Cable accessories, Speciality oils and Lubricants. The said proposed WOS shall be incorporated in the name of ‘Apar LATAM Limitada’ or such other name as may be approved by the authorities in Brazil with minimum Capital of $150,000. The company shall hold 100% of the share capital of the wholly owned subsidiary post its incorporation. The Board of Directors of the Company at its meeting held on January 30, 2024, has approved the same.
Apar Industries is one among the best established companies in India operating in the diverse fields of electrical, metallurgical and chemical engineering.
| Company Name | CMP |
|---|---|
| Havells India | 1303.50 |
| Siemens | 3692.20 |
| Apar Inds | 11696.15 |
| ABB India | 7095.00 |
| Waaree Energies | 3476.00 |
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