Future Enterprises tumbles on defaulting interest payment of Rs 15.73 crore for NCDs
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
Future Enterprises is currently trading at Rs. 1.82, down by 0.06 points or 3.19% from its previous closing of Rs. 1.88 on the BSE.
The scrip opened at Rs. 1.89 and has touched a high and low of Rs. 1.89 and Rs. 1.81 respectively. So far 143874 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 12.00 on 21-Dec-2021 and a 52 week low of Rs. 1.65 on 05-Sep-2022.
Last one week high and low of the scrip stood at Rs. 1.93 and Rs. 1.80 respectively. The current market cap of the company is Rs. 84.62 crore.
The promoters holding in the company stood at 16.37%, while Institutions and Non-Institutions held 0.60% and 83.03% respectively.
Future Enterprises has defaulted on payment of interest on non-convertible debentures (NCDs) totaling Rs 15.73 crore. The due date for payment was September 20, 2022. The debentures are secured and have a coupon rate of 9.60 per cent per annum.
