CHD Developers soars on acquiring stake in Delight Spirits for Rs 1 lakh

01 Oct 2013

CHD Developers is currently trading at Rs. 5.50, up by 0.27 points or 5.16% from its previous closing of Rs. 5.23 on the BSE.

The scrip opened at Rs. 5.40 and has touched a high and low of Rs. 5.69 and Rs. 5.26 respectively. So far 39987 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 7.13 on 15-Nov-2012 and a 52 week low of Rs. 3.23 on 01-Apr-2013.

Last one week high and low of the scrip stood at Rs. 5.78 and Rs. 4.60 respectively. The current market cap of the company is Rs. 63.61 crore.

The promoters holding in the company stood at 69.27% while Institutions and Non-Institutions held 0.04% and 30.69% respectively.

CHD Developers has acquired 10,000 equity shares of Delight Spirits for a total consideration of Rs 1 lakh. Consequently, Delight Spirits has become a wholly owned subsidiary of the company.

Earlier in June, the company acquired entire shareholding of IIPL i.e. 915,450 shares and it become a wholly owned subsidiary of the company.

CHD Developers has established state of the art high quality residential, commercial complexes and townships.

Related CHD Developers Ltd. Links:

CHD Developers Share Price

0.68 0.00 (0.00%) Aug 24, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323