Max Ventures and Industries trades higher on the bourses
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Max Ventures And Industries is currently trading at Rs. 140.30, up by 3.65 points or 2.67% from its previous closing of Rs. 136.65 on the BSE.
The scrip opened at Rs. 143.00 and has touched a high and low of Rs. 144.00 and Rs. 138.00 respectively. So far 37477 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 144.00 on 18-Oct-2021 and a 52 week low of Rs. 36.60 on 02-Nov-2020.
Last one week high and low of the scrip stood at Rs 144.00 and Rs. 130.95 respectively. The current market cap of the company is Rs. 2065.08 crore.
The promoters holding in the company stood at 49.66%, while Institutions and Non-Institutions held 30.49% and 19.85% respectively.
Max Ventures and Industries (MaxVIL) is aiming to acquire at least two land parcels, outright or through joint ventures, in Delhi-NCR this fiscal year to expand its office portfolio and enter into residential segment. MaxVIL, which has a presence in real estate and packaging film businesses, is listed on stock exchanges and posted a total income of nearly Rs 1,190 crore during the last fiscal year. To expand business, the company is looking to acquire new projects -- through both greenfield and brownfield routes.
Max Ventures and Industries, a part of the $3.2 billion Max Group, operates primarily in the areas of manufacturing and real estate.
