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Country Club rises on seeking strategic investor to fund expansion plans

06 Mar 2014 Evaluate

Country Club India is currently trading at Rs. 7.65, up by 0.25 points or 3.38% from its previous closing of Rs. 7.40 on the BSE.

The scrip opened at Rs. 7.28 and has touched a high and low of Rs. 7.85 and Rs. 7.28 respectively. So far 15,026 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 9.90 on 31-Dec-2013 and a 52 week low of Rs. 5.14 on 07-Aug-2013.

Last one week high and low of the scrip stood at Rs. 7.90 and Rs. 7.10 respectively. The current market cap of the company is Rs. 125.00 crore.

The promoters holding in the company stood at 73.80% while Institutions and Non-Institutions held 1.77% and 24.43% respectively.

In a bid to fund its expansion plans, Leisure infrastructure company Country Club India is seeking strategic investor. The company’s promoters who currently hold a 75% stake in the company are planning to reduce it to 60%.

Country Club, with over 90 properties across the country and abroad, is one of the three major time-share holiday resorts companies in India; the other two being Club Mahindra and Sterling Holidays. Of its properties, 32 are company-owned, 23 are on long-lease and the rest are affiliated properties.

Country Club Share Price

13.86 -0.06 (-0.43%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Indian Hotel 673.30
ITC Hotels 164.65
EIH 335.65
Chalet Hotels 788.70
Mahindra Holi.&Resor 239.45
View more..

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