Dhani Services touches roof on acquiring 100% stake in Juventus Estate, Mabon Properties
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Dhani Services is currently trading at its upper limit of Rs. 41.95, up by 3.80 points or 9.96% from its previous closing of Rs. 38.15 on the BSE.
The scrip opened at Rs. 39.80 and has touched a high and low of Rs. 41.95 and Rs. 39.20 respectively. So far 608863 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 168.80 on 31-Dec-2021 and a 52 week low of Rs. 28.50 on 27-Jun-2022.
Last one week high and low of the scrip stood at Rs. 42.65 and Rs. 34.50 respectively. The current market cap of the company is Rs. 2567.96 crore.
The promoters holding in the company stood at 33.00 % while Institutions and Non-Institutions held 19.77% and 47.22% respectively.
Dhani Services has acquired 100% stake (on a fully diluted basis) of Juventus Estate and Mabon Properties which collectively own the land parcel admeasuring 35 acres around at Sector 104, Dwarka Expressway, Gurugram, Haryana. The Transaction completed on December 23, 2022.
This Acquisition will provide new business opportunities for the Company to venture into real estate business, which will provide higher value proposition to all its stakeholders.
Dhani is an online marketplace where customers can get their hands on daily need products, including personal care, household products, winter care, baby and mother care, medicines and a lot more at discounted prices.
