Relicab Cable Manufacturing trades jubilantly on planning to migrate to main board of BSE
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Relicab Cable Manufacturing is currently trading at Rs. 58.00, up by 9.10 points or 18.61% from its previous closing of Rs. 48.90 on the BSE.
The scrip opened at Rs. 49.50 and has touched a high and low of Rs. 58.00 and Rs. 49.50 respectively. So far 6000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.00 on 08-Jun-2022 and a 52 week low of Rs. 22.10 on 26-Aug-2021.
The promoters holding in the company stood at 28.00% and Non-Institutions held 72.00% respectively.
Relicab Cable Manufacturing is planning to migrate company from SME platform of BSE to Main Board of BSE as well as on the Main Board of NSE. A meeting of the Board of Directors of the Company is scheduled to be held on June 10, 2022 to consider and approve the same.
Relicab Cable Manufacturing is engaged in the business of manufacturing and marketing of PVC Compounds and Wires and Cables.
