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Elpro International jumps on acquiring stake in Shilpa Medicare

14 Mar 2024 Evaluate

Elpro International is currently trading at Rs. 78.14, up by 2.25 points or 2.96% from its previous closing of Rs. 75.89 on the BSE.

The scrip opened at Rs. 75.68 and has touched a high and low of Rs. 79.79 and Rs. 73.00 respectively. So far 38179 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 99.90 on 12-Feb-2024 and a 52 week low of Rs. 53.00 on 27-Mar-2023.

Last one week high and low of the scrip stood at Rs. 87.99 and Rs. 73.00 respectively. The current market cap of the company is Rs. 1324.31 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 11.34% and 13.66% respectively.

Elpro International has acquired equity shares of Shilpa Medicare. The Cost of acquisition is Rs 4.05 crore. Shilpa Medicare is a global brand in manufacturing and supplying of affordable API and Formulation globally in different regulated markets. Earlier, the company had completed the acquisition of 100% stake in Faridabad Management (FMPL), a Company incorporated under the provisions of Companies Act, 1956. 

Elpro International is the only one outside the United States to manufacture surge arresters and zinc oxide discs with GE technology, acknowledged to be the best in the world.


Elpro International Share Price

95.50 1.20 (1.27%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 827.75
Dilip Buildcon 434.80
DLF 569.60
Oberoi Realty 1671.50
Ahluwalia Contract(I 782.75
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