Almondz Global Securities is currently trading at Rs 8.60, up by 0.75 points or 9.55% from its previous closing of Rs 7.85 on the BSE.
The scrip opened at Rs 8.60 and has touched a high and low of Rs 8.60 and Rs 8.60 respectively. So far 5 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 6 has touched a 52 week high of Rs 10.50 on 26-Sep-2012 and a 52 week low of Rs 5.10 on 08-May-2013.
Last one week high and low of the scrip stood at Rs 7.85 and Rs 7.85 respectively. The current market cap of the company is Rs 22.26 crore.
The promoters holding in the company stood at 50.29% while Institutions and Non-Institutions held 0.02% and 49.69% respectively.
Almondz Global Securities has received an approval for making an investment up to Rs 8 crore in Autoclaved Aerated Concrete (AAC) Blocks production project with 1000 CBM per day capacity by purchasing 33.33% shares of the proposed company to be engaged in the production of AAC Blocks. The board of directors at its meeting held on May 27, 2013 has approved for the same.
The board also approved disinvestment in wholly owned and non active subsidiary namely Almondz Retail Equity by transferring its entire holding of 50,000 shares of the company of Rs 10 each, at the book value.
Almondz Global Securities is one of the leading Investment Banks in India. Its main business lines are: Corporate Finance, Distribution of Financial Products, Private Clients, Portfolio Management Services, and Equity Broking.
