SJS Enterprises inches up on acquiring 90.1% stake in Walter Pack Automotive Products
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SJS Enterprises is currently trading at Rs. 590.00, up by 1.20 points or 0.20% from its previous closing of Rs. 588.80 on the BSE.
The scrip opened at Rs. 591.95 and has touched a high and low of Rs. 602.00 and Rs. 587.55 respectively. So far 12068 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 602.00 on 05-Jul-2023 and a 52 week low of Rs. 379.00 on 20-Mar-2023.
Last one week high and low of the scrip stood at Rs. 602.00 and Rs. 560.35 respectively. The current market cap of the company is Rs. 1827.51 crore.
The promoters holding in the company stood at 50.37%, while Institutions and Non-Institutions held 19.01% and 30.62% respectively.
SJS Enterprises has successfully acquired 3,15,442 equity shares of Walter Pack Automotive Products India (WPI), constituting 90.1% of the Equity Share Capital of WPI, for a total cash consideration of Rs 239.30 crore. Consequently, WPI has become a subsidiary of the Company.
SJS Enterprises is one of the leading players in the Indian decorative aesthetics industry, offered the widest range of aesthetics products in India.
