PDS jumps on acquiring 51% stake in DBS Lifestyle India
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
PDS is currently trading at Rs. 298.10, up by 2.75 points or 0.93% from its previous closing of Rs. 295.35 on the BSE.
The scrip opened at Rs. 295.05 and has touched a high and low of Rs. 305.00 and Rs. 293.80 respectively. So far 686 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 419.99 on 24-Jan-2022 and a 52 week low of Rs. 252.11 on 17-Nov-2021.
Last one week high and low of the scrip stood at Rs. 305.00 and Rs. 293.80 respectively. The current market cap of the company is Rs. 3889.72 crore.
The promoters holding in the company stood at 66.52%, while Institutions and Non-Institutions held 4.43% and 29.05% respectively.
PDS has acquired 51% stake in DBS Lifestyle India (Erstwhile Pangram Brands), a private limited company incorporated under the provisions of laws of India on October 27, 2022. Earlier, the company had entered into Shareholders agreement/Share Subscription agreement with Pangram Brands.
PDS is a design-led organisation and its talented design teams offer exceptional product development and design services customised to retailers’ requirements.
