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Salem Erode Investments is currently trading at Rs. 54.95, up by 2.55 points or 4.87% from its previous closing of Rs. 52.40 on the BSE.

The scrip opened at Rs. 55.00 and has touched a high and low of Rs. 55.00 and Rs. 53.80 respectively. So far 84 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 122.45 on 24-Mar-2022 and a 52 week low of Rs. 4.21 on 23-Jun-2021.

Last one week high and low of the scrip stood at Rs. 56.95 and Rs. 50.05 respectively. The current market cap of the company is Rs. 61.68 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.73% and 24.27% respectively.

Salem Erode Investments has raised Rs 66 lakh through Unlisted Unrated Secured Redeemable Non-Convertibles Debentures (NCDs) and allotted 6,600 NCDs having face value of Rs 1000 each. The Debenture and Bond Committee of the Company at its meeting held on June 02, 2022, allotted the same.

Salem Erode Investments is a dedicated finance company.