Exhicon Events Media Solutions is currently trading at Rs. 255.70, up by 5.90 points or 2.36% from its previous closing of Rs. 249.80 on the BSE.
The scrip opened at Rs. 273.75 and has touched a high and low of Rs. 273.75 and Rs. 254.00 respectively. So far 45000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 441.00 on 09-Jan-2024 and a 52 week low of Rs. 171.50 on 20-Jun-2023.
Last one week high and low of the scrip stood at Rs. 278.00 and Rs. 245.00 respectively. The current market cap of the company is Rs. 331.84 crore.
The promoters holding in the company stood at 57.03%, while Institutions and Non-Institutions held 4.96% and 38.01% respectively.
Exhicon Event Media Solutions has signed the Memorandum of Understanding (MoU) with Green Branch Contracting & Land Scaping LLC on June 12, 2024 for acquisition of 76% of the stake of Green Branch Contracting & Land Scaping LLC.
Green Branch Contracting & Land Scaping LLC are the independent contractors for maintenance and landscaping works and also offering other services such as environmental management system, modular systems, ground engineering, mechanical and electrical engineering.
The acquisition will enhance Exhicon's 360-degree service portfolio, allowing it to offer comprehensive solutions including temporary and permanent event venue construction, maintenance, and landscaping.
Exhicon Events Media Solutions provides products and services for the exhibition, conferences, and events industry. The company offers media to integrated marketing solutions, event infrastructure, and management to organizing solutions to B2B and B2C fairs and events.
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