Bhagyanagar India is currently trading at Rs. 40.85, up by 2.15 points or 5.56% from its previous closing of Rs. 38.70 on the BSE.
The scrip opened at Rs. 38.70 and has touched a high and low of Rs. 42.25 and Rs. 38.70 respectively. So far 7538 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 57.90 on 05-Dec-2017 and a 52 week low of Rs. 20.10 on 10-Aug-2017.
Last one week high and low of the scrip stood at Rs. 42.65 and Rs. 35.30 respectively. The current market cap of the company is Rs. 130.70 crore.
The promoters holding in the company stood at 73.05%, while Institutions and Non-Institutions held 1.13% and 25.82% respectively.
The company has acquired 45,000 equity shares at a face value of Rs 10 each which constitutes 100% of the paid up capital of Aanvik Mercantile
Bhagyanagar India has entered into share purchase agreement on February 6, 2018 to acquire Aanvik Mercantile as wholly owned subsidiary. The company has acquired 45,000 equity shares at a face value of Rs 10 each amounting to Rs 4,50,000 which constitutes 100% of the paid up capital of Aanvik Mercantile.
Bhagyanagar India is engaged in the manufacture of copper and other copper products and alloys. The company has diverse business streams, such as real estate and infrastructure, and non-conventional energy, including wind and solar.
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