Future Ventures India is currently trading at Rs. 6.29, up by 0.20 points or 3.28% from its previous closing of Rs. 6.09 on the BSE.
The scrip opened at Rs. 6.75 and has touched a high and low of Rs. 6.75 and Rs. 6.16 respectively. So far 53056 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 6 has touched a 52 week high of Rs. 11.88 on 12-Nov-2012 and a 52 week low of Rs. 5.77 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 6.75 and Rs. 5.95 respectively. The current market cap of the company is Rs. 1006.73 crore.
The promoters holding in the company stood at 39.01% while Institutions and Non-Institutions held 20.56% and 40.43% respectively.
Kishore Biyani-promoted Future Ventures India is in advanced stage of talks with private equity fund General Atlantic to offload 22.86% stake in the apparel maker AND Designs for Rs 150-200 crore. Anita Dongre-promoted, AND designs is counted amongst the leading apparel makers in the country. Further, Future Ventures is in talks to sell its 28.3% stake in women’s apparel brand Biba.
The Future Group is a business group, led by Kishore Biyani, focusing on consumption-led businesses in India and is also one of India’s leading organized multi-format retailers.