Pocl Enterprises is currently trading at Rs. 177.75, up by 10.40 points or 6.21% from its previous closing of Rs. 167.35 on the BSE.
The scrip opened at Rs. 170.95 and has touched a high and low of Rs. 182.90 and Rs. 170.95 respectively. So far 130436 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 290.00 on 11-Aug-2025 and a 52 week low of Rs. 142.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 182.90 and Rs. 164.00 respectively. The current market cap of the company is Rs. 546.87 crore.
The promoters holding in the company stood at 40.28 % while Institutions and Non-Institutions held 0.24 % and 59.48 % respectively.
POCL Enterprises (POEL) has received approval for the acquisition of a controlling 51% stake in Trichy Metals and Alloys (TMA). TMA is engaged in the business of manufacturing of lead ingots and other metals, trading in metals and alloys, and other incidental objects connected.
The acquisition of TMA, which is engaged in the same line of business as the company, aligns with POEL’s strategic goals of boosting resource efficiency and growing its market share in lead recycling space. This acquisition is expected to create significant value for POEL through synergies with existing TMA shareholders.
The acquisition is expected to get completed on or before August 30, 2026. Upon completion of the transaction, TMA shall become a subsidiary of POCL Enterprises. Cost of acquisition is Rs 12.47 crore. The Board of Directors of the company at its meeting held on July 01, 2026, inter-alia has approved the same.
The company specializes in manufacturing and trading of various metals, chemicals and their oxides.
