Monday , November 18 2019
Home / BUSINESS / Rubfila International shines on planning to raise funds through various mean

Rubfila International shines on planning to raise funds through various mean

Rubfila International is currently trading at Rs. 39.45, up by 2.05 points or 5.48% from its previous closing of Rs. 37.40 on the BSE.

The scrip opened at Rs. 39.45 and has touched a high and low of Rs. 41.95 and Rs. 39.45 respectively.

The BSE group ‘X’ stock of face value Rs. 5 has touched a 52 week high of Rs. 72.30 on 18-May-2018 and a 52 week low of Rs. 36.00 on 04-Feb-2019.

Last one week high and low of the scrip stood at Rs. 42.90 and Rs. 36.20 respectively. The current market cap of the company is Rs. 176.59 crore.

The promoters holding in the company stood at 57.14%, while Institutions and Non-Institutions held 0.14% and 42.73% respectively.

Rubfila International is planning for various options for funding the expansion projects of the Company like Borrowings, preferential allotment of Equity Shares / Warrants, etc. The Board of Directors of the Company at its meeting to be held on May 28, 2019 to consider the same.

Rubfila International produces adhesives suitable for various industry segments like leather and footwear, tyre Re- treading ,wood, rexin and foam, automotive, to name a few.