SMC Global Securities surges on acquiring additional stake in Agarwal Float Glass India
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SMC Global Securities is currently trading at Rs. 75.90, up by 0.40 points or 0.53% from its previous closing of Rs. 75.50 on the BSE.
The scrip opened at Rs. 77.75 and has touched a high and low of Rs. 77.75 and Rs. 75.10 respectively.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 95.40 on 09-Jun-2022 and a 52 week low of Rs. 69.05 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 81.00 and Rs. 75.05 respectively. The current market cap of the company is Rs. 790.49 crore.
The promoters holding in the company stood at 67.40%, while Institutions and Non-Institutions held 1.15% and 31.45% respectively.
SMC Global Securities has further acquired 1,95,000 equity shares of Agarwal Float Glass India through open market aggregating the total share capital held by the Company to 10.85% of the total equity share capital or voting rights in the said target company. After the said acquisition, the total share capital held by the Company is 7,86,000 equity shares in the said target company.
SMC Global Securities one of the leading financial services companies providing Broking, Distribution of mutual funds & IPOs, Insurance Broking, depository services, equity research services, Financing, Real Estate & Wealth Advisory, Commodity Broking, NRI & FPI services, Investment Banking across India and UAE.
