Thursday , October 21 2021

Shri Bajrang Alloys jumps on acquiring Shri Bajrang Agro Processing

Bajrang Alloys is currently trading at Rs. 17.50, up by 1.10 points or 6.71% from its previous closing of Rs. 16.40 on the BSE.

The scrip opened at Rs. 17.50 and has touched a high and low of Rs. 17.50 and Rs. 17.50 respectively. So far 1 shares were traded on the counter.

The BSE group ‘X’ stock of face value Rs. 10 has touched a 52 week high of Rs. 24.35 on 05-Jun-2018 and a 52 week low of Rs. 14.20 on 10-Oct-2018.

Last one week high and low of the scrip stood at Rs. 17.50 and Rs. 15.75 respectively. The current market cap of the company is Rs. 15.75 crore.

The promoters holding in the company stood at 60.12%, while Non-Institutions held 39.88% stake in the company.

Bajrang Alloys has acquired 100% Equity shares of Bajrang Agro Processing (Formerly known as Bajrang Steel and Power) on May 14, 2019. This transaction would enable Bajrang Alloys to expand its food products business with a view to harvest significant synergies and for further expansion and creation of employment.

Bajrang Alloys is recognized as one of the largest structural rolling mills in Chattisgarh, India. Bajrang Alloys rolls a complete range of products like Beams / Joists, Channels, Angles and custom built items.

Please share this news
<div id="taboola-below-article-thumbnails"></div>
<script type="text/javascript">
  window._taboola = window._taboola || [];
    mode: 'thumbnails-a',
    container: 'taboola-below-article-thumbnails',
    placement: 'Below Article Thumbnails',
    target_type: 'mix'