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23-Aug2017

MRO-TEK Realty shines as its promoter hikes further stake in the company

MRO-TEK Realty is currently trading at Rs. 48.00, up by 2.00 points or 4.35% from its previous closing of Rs. 46.00 on the BSE.

The scrip opened at Rs. 46.05 and has touched a high and low of Rs. 48.00 and Rs. 46.05 respectively. So far 7810 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 88.60 on 28-Sep-2016 and a 52 week low of Rs. 40.30 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 54.30 and Rs. 44.85 respectively. The current market cap of the company is Rs. 86.98 crore.

The promoters holding in the company stood at 46.94%, while institutions and non-institutions held 0.02% and 53.04% respectively.

MRO-TEK Realty's promoter -- Umiya Holding -- has bought further stake in the company by acquiring 1,106 equity shares.  The company has received declaration under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations on August 22, 2017.

MRO-TEK started with the initial focus on network computing with indigenously developed Line Drivers and Modems. The company today is a leader in the networking and last mile access segment.


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