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Edvenswa Enterprises is currently trading at Rs. 93.95, up by 4.80 points or 5.38% from its previous closing of Rs. 89.15 on the BSE.

The scrip opened at Rs. 90.00 and has touched a high and low of Rs. 95.45 and Rs. 90.00 respectively. So far 6732 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 122.10 on 17-Aug-2022 and a 52 week low of Rs. 27.30 on 07-Feb-2022.

Last one week high and low of the scrip stood at Rs. 97.30 and Rs. 87.00 respectively. The current market cap of the company is Rs. 85.35 crore.

The promoters holding in the company stood at 69.40%, while Non-Institutions held 30.60% respectively.

Edvenswa Enterprises’ wholly-owned subsidiary -- Edvenswa Tech Inc has entered into a Membership Interest Purchase Agreement (MIPA) on January 20, 2023 with the existing shareholder of Seltosoft LLC to acquire 100% of the outstanding share capital of the Seltosoft LLC. The acquisition is likely to complete within 30 days from January 20, 2023.

The company is making this strategic acquisition as part of its growth plans to expand its offerings to Health care and Manufacturing domains. Seltosoft LLC is in the business of providing Information Technology Services specifically focused in the Health Care and Manufacturing domain. Seltosoft LLC has track record which is complementary to Edvenswa Tech’s domain, and will help Edvenswa to expand the its range of services to the clients in Manufacturing, Health Care, Pharma, Medical Devices to provide IT services as well as the core domain areas of these companies like validation, quality control and testing services. The Acquisition will be effective subject to the fulfilment of various terms and conditions as specified in the MIPA.

Edvenswa Enterprises is engaged in the business of manufacturing and marketing electrical products such as load isolators and load back switches.