Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Nitin Fire Protection touches roof on receiving nod to raise Rs 500 crore

04-Sep2017

Nitin Fire Protection touches roof on receiving nod to raise Rs 500 crore

Nitin Fire Protection Industries is locked at upper circuit limit at Rs. 4.03, up by 0.19 points or 4.95% from its previous closing of Rs. 3.84 on the BSE.

The scrip opened at Rs. 4.03 and has touched a high and low of Rs. 4.03 and Rs. 4.03 respectively. So far 38,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 37.35 on 01-Nov-2016 and a 52 week low of Rs. 3.60 on 31-Aug-2017.

Last one week high and low of the scrip stood at Rs. 4.14 and Rs. 3.60 respectively. The current market cap of the company is Rs. 117.78 crore.

The promoters holding in the company stood at 68.25%, while Institutions and Non-Institutions held 9.50% and 22.25% respectively.

Nitin Fire Protection Industries has received an approval to issue and allot secured/ unsecured, redeemable, cumulative/ noncumulative, non-convertible debentures/Bonds upto Rs 500 crore or equivalent in one or more tranches/ series, through private placement. The Board of the company at their meeting held on September 01, 2017 has approved the same.

Nitin Fire Protection Industries is a leading fire protection, safety, securities and intelligent building management system, high pressure seamless cylinder and refuelling systems company in India.



Related News

View all news

SBI Life shines on reporting 15% rise in Q3 net profit

SBI Life Insurance Company is currently trading at Rs. 635.45, up by 15.65 points or 2.53% from its previous closing of Rs. 619.80 on the BSE.The scrip opened at Rs. 621.00 and has touched a high and low......

Reliance Industries zooms on the bourses

Reliance Industries is currently trading at Rs. 1219.00, up by 36.05 points or 3.05% from its previous closing of Rs. 1182.95 on the BSE.The scrip opened at Rs. 1193.90 and has touched a high and low of......

Infosys surges on the BSE

Infosys is currently trading at Rs. 746.30, up by 15.30 points or 2.09% from its previous closing of Rs. 731.00 on the BSE.The scrip opened at Rs. 733.00 and has touched a high and low of Rs. 750.70 and......

Top News

View all news

Glenmark Pharma recalling 96,240 applicators of its product from US

Glenmark Pharmaceuticals is recalling 96,240 applicators of its product Estradiol vaginal inserts for defective delivery system. The USFDA has termed it as a Class-II recall. The USFDA has classified Class-II......

Infosys hires over 7,600 staff in US

Infosys has hired over 7,600 staff in the US. This hiring is more than three-fourth of its target of recruiting 10,000 American workers. The company is making recruitment from local schools a 'sustained......

SBI to sell 26% stake of SBI payment services

State Bank of India (SBI) is planning to sell 26% stake of its SBI payment services (SPSPL) to Hitachi Payment Services (HPY). After allotment of the shares, SBI shareholding in SPSPL will become 74% from......