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RPSG Ventures surges as its step-down arm incorporates wholly owned subsidiary in USA

10 Oct 2024 Evaluate

RPSG Ventures is currently trading at Rs. 1110.00, up by 34.70 points or 3.23% from its previous closing of Rs. 1075.30 on the BSE.

The scrip opened at Rs. 1096.85 and has touched a high and low of Rs. 1130.05 and Rs. 1082.85 respectively. So far 2577 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1357.40 on 28-Aug-2024 and a 52 week low of Rs. 510.35 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 1130.05 and Rs. 991.30 respectively. The current market cap of the company is Rs. 3692.44 crore.

The promoters holding in the company stood at 63.51%, while Institutions and Non-Institutions held 6.84% and 29.66% respectively.

RPSG Ventures’ step-down subsidiary -- Spectrum Delight has incorporated wholly owned subsidiary (WOS) named Natural Wellness Inc. (NWI) in the USA and accordingly NWI has become a step-down subsidiary of the Company effective October 9, 2024. NWI will explore opportunity in ayurvedic health and wellness products.

The company is engaged in the fields of information technology and allied services.

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