RR Metalmakers India moves up on planning to divest entire stake in RR Lifecare
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RR Metalmakers India is currently trading at Rs. 48.85, up by 2.05 points or 4.38% from its previous closing of Rs. 46.80 on the BSE.
The scrip opened at Rs. 48.95 and has touched a high and low of Rs. 48.95 and Rs. 46.60 respectively. So far 5649 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 72.35 on 20-Jan-2022 and a 52 week low of Rs. 26.00 on 07-Jul-2022.
Last one week high and low of the scrip stood at Rs. 48.95 and Rs. 40.00 respectively. The current market cap of the company is Rs. 38.23 crore.
The promoters holding in the company stood at 66.16% and Non-Institutions held 33.84%.
RR Metalmakers India is planning to divest 100% stake in its wholly owned subsidiary company namely ‘RR Lifecare’ to promoters group company. The meeting of the Board of Directors of the company will be held on September 16, 2022 to consider the same.
RR Metalmakers India deals mainly in cereals, pulses and onion export. Its products exported worldwide are of superior quality.
