Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Inditrade Capital touches roof on receiving nod for slump sale of equity broking business

18-May2018

Inditrade Capital touches roof on receiving nod for slump sale of equity broking business

Inditrade Capital is locked at upper circuit of Rs. 63.00, up by 3.00 points or 5.00% from its previous closing of Rs. 60.00 on the BSE.

The scrip opened at Rs. 62.90 and has touched a high and low of Rs. 63.00 and Rs. 57.00 respectively. So far 19,264 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 99.50 on 19-Sep-2017 and a 52 week low of Rs. 35.45 on 24-May-2017.

Last one week high and low of the scrip stood at Rs. 64.90 and Rs. 57.00 respectively. The current market cap of the company is Rs. 147.12 crore.

The promoters holding in the company stood at 71.77%, while Institutions and Non-Institutions held 0.19% and 28.05% respectively.

Inditrade Capital has received an approval for slump sale of Equity Broking Business of the company to Choice Equity Broking for consideration of an amount of Rs 32 crore subject to Statutory and Regulatory Approvals. The Board of Directors of the company at their meeting held on May 18, 2018, approved the same and has also decided to recommend the business to the members for their approval.

Incorporated in 1994, Inditrade Capital (formerly known as JRG Securities) is engaged in equity and commodity broking businesses, with strong presence in South India.



Related News

View all news

RIL gains on the bourses

Reliance Industries (RIL) is currently trading at Rs. 1111.00, up by 9.35 points or 0.85% from its previous closing of Rs. 1101.65 on the BSE.The scrip opened at Rs. 1111.00 and has touched a high and......

Jammu & Kashmir Bank trades higher on the bourses

The Jammu & Kashmir Bank is currently trading at Rs. 42.65, up by 0.45 points or 1.07% from its previous closing of Rs. 42.20 on the BSE.The scrip opened at Rs. 42.25 and has touched a high and......

IndiGo trades in green on the BSE

Interglobe Aviation is currently trading at Rs. 843.65, up by 7.30 points or 0.87% from its previous closing of Rs. 836.35 on the BSE.The scrip opened at Rs. 848.10 and has touched a high and low of Rs.......

Top News

View all news

Tejas Networks, CONCOR and HDFC Bank to see some action today

Tejas Networks has received a purchase order of Rs 111 crore for Indian Navy's country wide next generation digital communications network from Sterlite Technologies, a global data network solutions company.......

Tejas Networks bags order worth Rs 111 crore from Sterlite Technologies

Tejas Networks has received a purchase order of Rs 111 crore for Indian Navy's country wide next generation digital communications network from Sterlite Technologies, a global data network solutions company.......

CONCOR signs agreement with Kribhco Infrastructure

Container Corporation of India (CONCOR) and Kribhco Infrastructure (KRIL) have entered into an agreement, wherein CONCOR will operate & manage the Bonded Area at KRIL's Terminal at Modinagar in......