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Control Print inches up as its arm acquires additional stake in Markprint B.V.

08 Aug 2024 Evaluate

Control Print is currently trading at Rs. 832.00, up by 1.85 points or 0.22% from its previous closing of Rs. 830.15 on the BSE.

The scrip opened at Rs. 832.95 and has touched a high and low of Rs. 839.95 and Rs. 824.40 respectively. So far 1577 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1076.85 on 20-Jan-2024 and a 52 week low of Rs. 700.00 on 09-Aug-2023.

Last one week high and low of the scrip stood at Rs. 855.95 and Rs. 813.95 respectively. The current market cap of the company is Rs. 1327.76 crore.

The promoters holding in the company stood at 52.73%, while Institutions and Non-Institutions held 6.08% and 41.19% respectively.

Control Print through its Wholly Owned Subsidiary Company i.e. Control Print B.V. (CPBV), has further purchased 50,000 equity shares at Euro 3.98 per share of Markprint B.V., a Step Down Subsidiary Company amounting to investment of Euro 199,000 and which has resulted into increase in 5% equity stake into Markprint B.V. Accordingly, CPBV has increased its shareholding from 80% to 85% into Markprint B.V.  

The object of the additional acquisition of 5% equity, is considered for the company as strategic long term investment to have access to their technology as well as access to European Market. The activities of Markprint B.V. is not outside the main line of business of the company.

Control Print is a pioneer in the manufacturing of coding and marking solutions in India. Product range of the company includes Continuous Ink Jet Printer, Large Character Printer, Hot Roll Coder, Thermal Transfer Overprinter, Laser and Consumables.


Control Print Share Price

669.45 -16.55 (-2.41%)
17-Apr-2026 16:59 View Price Chart
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