SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

20 Microns climbs after its arm inks pact to acquire 100% stake in Goh Teik Lim Quarry SDN BHD, IQ Marbles SDN BHD

19 Jul 2024 Evaluate

20 Microns is currently trading at Rs. 218.65, up by 9.25 points or 4.42% from its previous closing of Rs. 209.40 on the BSE.

The scrip opened at Rs. 209.40 and has touched a high and low of Rs. 233.55 and Rs. 201.90 respectively. So far 93305 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 236.10 on 09-Jul-2024 and a 52 week low of Rs. 99.10 on 20-Jul-2023.

Last one week high and low of the scrip stood at Rs. 233.55 and Rs. 201.90 respectively. The current market cap of the company is Rs. 774.36 crore.

The promoters holding in the company stood at 44.95%, while Institutions and Non-Institutions held 0.84% and 54.21% respectively.

20 Microns’ subsidiary -- 20 Microns SDN BHD, Malaysia has signed the share purchase agreements for acquisition of 100% equity shares of Goh Teik Lim Quarry SDN BHD and IQ Marbles SDN BHD for an aggregate value not exceeding RM 15,100,000 (Approximately Rs 27 crore). Pursuant to share purchase agreements becoming effective, Goh Teik Lim Quarry SDN BHD and IQ Marbles SDN BHD would become step-down subsidiaries of 20 Microns.

The entities which are to be acquired are in the same line of business as that of the Company i.e., in the business of extraction and processing of high purity limestone. The acquisition of 100% equity shares of GTLQ SDN BHD and IQ Marbles SDN BHD will enable access to good quality (High purity of Caco3) of limestone reserves in Malaysia especially when such deposits are getting scarce. Accordingly, 20 Microns will have access to quality reserves leading to overall expansion.

20 Microns is engaged in Business of Industrial Micronised Minerals and Speciality Chemicals.


20 Microns Share Price

176.00 -4.00 (-2.22%)
24-Apr-2026 11:55 View Price Chart
Peers
Company Name CMP
Coal India 455.75
NMDC 87.53
GMDC 662.40
Sandur Manganese 206.75
MOIL 318.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×