Carysil rises as its arm acquires 100% Membership Interest in United Granite

26 Dec 2023 Evaluate

Carysil is currently trading at Rs. 860.45, up by 2.90 points or 0.34% from its previous closing of Rs. 857.55 on the BSE.

The scrip opened at Rs. 853.60 and has touched a high and low of Rs. 869.35 and Rs. 844.55 respectively. So far 3987 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 979.85 on 04-Dec-2023 and a 52 week low of Rs. 431.35 on 19-Jan-2023.

Last one week high and low of the scrip stood at Rs. 919.95 and Rs. 825.00 respectively. The current market cap of the company is Rs. 2307.38 crore.

The promoters holding in the company stood at 43.84%, while Institutions and Non-Institutions held 7.64% and 48.52% respectively.

Carysil’s Wholly Owned Subsidiary -- Acrysil USA Inc has concluded acquisition of 100% Membership Interest of ‘United Granite, LLC’ (UGL) with all the necessary formalities.

Earlier, Acrysil USA had agreed to acquire a 100% membership interest in UGL in Virginia, USA. UGL manufactures kitchen tops for retail, residential and commercial projects in the United States. In CY22, UGL had revenue of $12.4 million with positive EBITDA. 

Carysil is a leading manufacturer of composite quartz and granite kitchen sinks in India. The company exports granite sinks to more than 20 countries worldwide.

Carysil Share Price

795.05 -7.35 (-0.92%)
20-Dec-2024 16:59 View Price Chart
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