Kamdhenu Ventures is currently trading at Rs. 235.05, up by 1.70 points or 0.73% from its previous closing of Rs. 233.35 on the BSE.
The scrip opened at Rs. 232.05 and has touched a high and low of Rs. 243.85 and Rs. 231.30 respectively. So far 13726 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 255.30 on 04-May-2023 and a 52 week low of Rs. 125.60 on 14-Feb-2023.
Last one week high and low of the scrip stood at Rs. 252.10 and Rs. 230.75 respectively. The current market cap of the company is Rs. 735.43 crore.
The promoters holding in the company stood at 58.74%, while Institutions and Non-Institutions held 0.33% and 40.93% respectively.
Kamdhenu Ventures has received approval to make investment in Kamdhenu Colour and Coatings (KCCL), a wholly owned subsidiary of the Company upto an aggregate amount of Rs 58 crore by way of subscription of 58,00,000, 0.01% Optionally Convertible Redeemable Preference Shares (OCRPS) of face value of Rs 10 each at an issue price of Rs 100 per share of KCCL. The Board of Directors of the company in their meeting held on May 18, 2023, has considered and approved the same.