Praveg Communications surges on getting LoA from TCGL

Praveg Communications (India) is currently trading at Rs. 170.90, up by 4.50 points or 2.70% from its previous closing of Rs. 166.40 on the BSE.

Praveg Communications
Praveg Communications

The scrip opened at Rs. 166.05 and has touched a high and low of Rs. 171.95 and Rs. 166.05 respectively. So far 1847 shares were traded on the counter.

The BSE group ‘X’ stock of face value Rs. 10 has touched a 52 week high of Rs. 182.60 on 13-Jun-2022 and a 52 week low of Rs. 63.25 on 18-Jun-2021.

Last one week high and low of the scrip stood at Rs. 182.60 and Rs. 146.05 respectively. The current market cap of the company is Rs. 315.89 crore.

The promoters holding in the company stood at 74.17%, while Institutions and Non-Institutions held 0.04% and 25.79% respectively.

Praveg Communications has received a Letter of Award (LoA) on June 13, 2022 from Tourism Corporation of Gujarat (TCGL) for development of site at Adalaj, Gandhinagar, Gujarat as a Themed Destination.

Praveg Communications (India) is principally engaged in business of providing services in holding and arranging Events, Exhibitions, Advertisement, Hospitality and in pharma sector.

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