Magadh Sugar & Energy is currently trading at Rs. 143.50, up by 1.70 points or 1.20% from its previous closing of Rs. 141.80 on the BSE.
The scrip opened at Rs. 149.00 and has touched a high and low of Rs. 150.00 and Rs. 138.75 respectively. So far 16253 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 150.00 on 07-Feb-2020 and a 52 week low of Rs. 59.29 on 12-Feb-2019.
Last one week high and low of the scrip stood at Rs. 150.00 and Rs. 115.05 respectively. The current market cap of the company is Rs. 199.82 crore.
The promoters holding in the company stood at 60.95%, while Institutions and Non-Institutions held 0.02% and 39.04% respectively.
Magadh Sugar & Energy’s board has accorded their consent to the capex project of setting up of 75KLPD Distillery including installation of incineration boiler at its unit at Bharat Sugar Mills, Sidhwalia at an estimated cost of Rs 158.60 crore to be funded by mix of debt and internal accruals. The Board of Directors of the company at its meeting held on February 6, 2020 has approved the same.
The company is mainly into business of the manufacturing of sugar and allied products.
Company Name | CMP |
---|---|
Shree Renuka Sugar | 39.83 |
Bajaj Hindusthan Sug | 31.14 |
Balrampur Chini Mill | 537.05 |
Triveni Engg. & Inds | 453.75 |
Dalmia Bharat Sugar | 379.55 |
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