Narbada Gems And Jewellery soars on getting nod to enter into foreign exchange, derivative transactions
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Narbada Gems And Jewellery is currently trading at Rs. 46.95, up by 1.25 points or 2.74% from its previous closing of Rs. 45.70 on the BSE.
The scrip opened at Rs. 45.90 and has touched a high and low of Rs. 47.80 and Rs. 45.00 respectively. So far 11153 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 59.95 on 16-Feb-2022 and a 52 week low of Rs. 22.50 on 29-Sep-2021.
Last one week high and low of the scrip stood at Rs. 49.60 and Rs. 41.50 respectively. The current market cap of the company is Rs. 99.33 crore.
The promoters holding in the company stood at 74.85% and Non-Institutions held 25.15%.
Narbada Gems And Jewellery has received approval for entering into foreign exchange transactions and derivative transactions including forward contracts with Kotak Mahindra Bank, Raj Bhavan Branch, Hyderabad. The board of directors of the company at its meeting held on August 29, 2022, has approved the same.
Narbada Gems And Jewellery is in the business of Jewellery manufacturing and trading.
