Shalby rises on acquiring implant assets from Consensus Orthopedics for $11.45 million
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Shalby is currently trading at Rs. 163.75, up by 3.45 points or 2.15% from its previous closing of Rs. 160.30 on the BSE.
The scrip opened at Rs. 164.05 and has touched a high and low of Rs. 165.95 and Rs. 161.55 respectively. So far 8774 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 173.80 on 12-May-2021 and a 52 week low of Rs. 58.65 on 22-May-2020.
Last one week high and low of the scrip stood at Rs. 173.80 and Rs. 136.80 respectively. The current market cap of the company is Rs. 1731.40 crore.
The promoters holding in the company stood at 79.45%, while Institutions and Non-Institutions held 0.84% and 19.71% respectively.
Shalby has entered into a definitive agreement to acquire certain assets from Consensus Orthopedics (Consensus) a company headquartered in El Dorado Hills, Sacramento, California for a cash consideration of $ 11.45 million. The assets were acquired by Shalby Advanced Technologies Inc, a wholly owned subsidiary of Mars Medical Devices, which in turn is a wholly owned subsidiary of Shalby.
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