Mukand shines on selling 45.94 acres land at Kalwe, Dighe
Mukand is currently trading at Rs. 136.65, up by 5.70 points or 4.35% from its previous closing of Rs. 130.95 on the BSE.
The scrip opened at Rs. 135.50 and has touched a high and low of Rs. 139.95 and Rs. 134.00 respectively. So far 120878 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 164.95 on 01-Apr-2022 and a 52 week low of Rs. 97.50 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 140.00 and Rs. 128.55 respectively. The current market cap of the company is Rs. 2015.71 crore.
The promoters holding in the company stood at 73.82%, while Institutions and Non-Institutions held 2.26% and 23.93% respectively.
Mukand has completed the transfer of 45.94 acres land at Kalwe and Dighe by executing the necessary deeds of conveyance in favour of the purchaser - AGP DC Infra Two for aggregate consideration of Rs 796.46 crore. The entire consideration is received by the company.
Mukand is a multi-division, multi-product conglomerate involved in the manufacture of specialty steel long products and heavy machinery.