Mayur Uniquoters is currently trading at Rs. 478.40, up by 12.45 points or 2.67% from its previous closing of Rs. 465.95 on the BSE.
The scrip opened at Rs. 469.90 and has touched a high and low of Rs. 483.60 and Rs. 468.10 respectively. So far 2008 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 496.00 on 05-Mar-2014 and a 52 week low of Rs. 200.03 on 25-Mar-2013.
Last one week high and low of the scrip stood at Rs. 478.50 and Rs. 452.15 respectively. The current market cap of the company is Rs. 1018.76 crore.
The promoters holding in the company stood at 74.96% while Institutions and Non-Institutions held 2.38% and 22.66% respectively.
Mayur Uniquoters is planning to raise up to Rs 70 crore in private equity (PE) from WestBridge Capital. The purpose for raising the capital is to augment the resources of the company for general corporate and capital expansion purposes, including setting up a PU Plant, and other such purposes permitted by applicable law and approved by the board of directors.
The Jaipur-based company plans to raise the amount through a preferential allotment wherein the PE firm will acquire 1,486,000 compulsorily convertible participating preference shares at Rs 471.06 a share.
Mayur Uniquoters is a textile company engaged in manufacturing and export of artificial leather and poly vinyl chloride