Indo Thai Securities soars on acquiring additional stake in Femto Green Hydrogen
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ndo Thai Securities is currently trading at Rs. 312.45, up by 13.65 points or 4.57% from its previous closing of Rs. 298.80 on the BSE.
The scrip opened at Rs. 312.80 and has touched a high and low of Rs. 312.80 and Rs. 312.40 respectively. So far 300 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 495.85 on 11-Jan-2022 and a 52 week low of Rs. 43.10 on 22-Mar-2021.
Last one week high and low of the scrip stood at Rs. 346.75 and Rs. 296.80 respectively. The current market cap of the company is Rs. 298.80 crore.
The promoters holding in the company stood at 72.18%, while Non-Institutions held 27.82% stake in the company.
Indo Thai Securities has made further investment in Femto Green Hydrogen, the subsidiary incorporated on November 23, 2021 and has been allotted 28245000 equity shares of Re 1 each on March 07, 2022. The main aim of the acquisition is for diversification of business line.
The subsidiary shall be engaged in establishment and carrying on the business of research, development, marketing, selling and distribution of such product/s which will be used for eliminating pollution created by the surface transport.
Indo Thai Securities provide financial services that include Equity Trading, Commodity Derivative Trading, Commodity Spot Trading, Currency, IPO, Depository services, Online Trading, Mobile Trading, Advisory services etc.
