Seacoast Shipping Services moves higher on divesting stake in Laxam Commtrade
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Seacoast Shipping Services is currently trading at Rs. 14.32, up by 1.55 points or 12.14% from its previous closing of Rs. 12.77 on the BSE.
The scrip opened at Rs. 15.00 and has touched a high and low of Rs. 15.00 and Rs. 13.80 respectively. So far 1316578 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 26.50 on 15-Jul-2021 and a 52 week low of Rs. 12.25 on 10-Mar-2022.
Last one week high and low of the scrip stood at Rs. 15.00 and Rs. 12.73 respectively. The current market cap of the company is Rs. 476.40 crore.
The promoters holding in the company stood at 52.94%, while Institutions and Non-Institutions held 1.85% and 45.21% respectively.
Seacoast Shipping Services has divested 9,990 equity share of Rs 10 each held in Laxam Commtrade. Therefore the said company is no more existence of subsidiary of company.
Seacoast Shipping Services is a young, progressive organisation providing single window logistics services to exporters and importers.
