Home / BUSINESS / Vibrant Global Capital touches roof on getting nod to divest stake held in Tapadia Polyesters

Vibrant Global Capital touches roof on getting nod to divest stake held in Tapadia Polyesters

Vibrant Global Capital is currently trading at its upper limit of Rs. 48.10, up by 2.25 points or 4.91% from its previous closing of Rs. 45.85 on the BSE.

The scrip opened at Rs. 45.85 and has touched a high and low of Rs. 48.10 and Rs. 45.85 respectively. So far 104387 shares were traded on the counter.

The BSE group ‘T’ stock of face value Rs. 10 has touched a 52 week high of Rs. 63.00 on 08-Jan-2019 and a 52 week low of Rs. 41.55 on 24-Oct-2019.

Last one week high and low of the scrip stood at Rs. 48.10 and Rs. 41.55 respectively. The current market cap of the company is Rs. 110.18 crore.

The promoters holding in the company stood at 69.90%, while Non-Institutions held 30.10% stake in the company.

Vibrant Global Capital has received an approval for sale of Investments of 54,00,000 Equity Shares in Tapadia Polyesters for a consideration of Rs 5.40 crore. The Board of Directors of the company at their meeting held on October 24, 2019, approved the same.

Vibrant Global Capital Limited operates as a finance company in India.

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