Soril Holdings & Ventures is currently trading at upper circuit limit at Rs. 388.90, up by 18.50 points or 4.99% from its previous closing of Rs. 370.40 on the BSE.
The scrip opened at Rs. 388.90 and has touched a high and low of Rs. 388.90 and Rs. 388.90 respectively. So far 4578 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 388.90 on 26-Apr-2018 and a 52 week low of Rs. 27.20 on 11-Aug-2017.
Last one week high and low of the scrip stood at Rs. 388.90 and Rs. 313.50 respectively. The current market cap of the company is Rs. 2131.89 crore.
The promoters holding in the company stood at 38.55%, while Institutions and Non-Institutions held 4.89% and 56.56% respectively.
Soril Holdings and Ventures has received an approval for the preferential offer and issue of an aggregate of up to 1,00,00,000 equity shares at an issue price of Rs 330 (including a premium of Rs 328) per equity share, for cash consideration, to the foreign portfolio investor(s), registered with the Securities and Exchange Board of India, namely Steadview Capital Mauritius, ABG Capital and LTR Focus Fund (Investors), in order to capitalize and fund the subsidiaries of the company for undertaking the proposed businesses of Life Insurance, General Insurance and Consumer Platform and to further augment the long-term resources to improve the financial leveraging strength of the company and its subsidiaries. The Board of Directors of the company at its meeting held on April 25, 2018, approved the same. The total equity investment by the Investors would aggregate Rs 330 crore in the company.
Soril Holdings and Ventures (formerly Indiabulls Wholesale Services) directly and through its subsidiaries, is primarily engaged in the businesses of real estate development, providing management and maintenance services, construction advisory and other related services, charter business of aircraft, trade in all kinds of sculptures, paintings and art graphics etc.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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