Supreme Holdings & Hospitality jumps on incorporating subsidiary company
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Supreme Holdings & Hospitality (India) is currently trading at Rs. 55.80, up by 0.75 points or 1.36% from its previous closing of Rs. 55.05 on the BSE.
The scrip opened at Rs. 56.90 and has touched a high and low of Rs. 56.90 and Rs. 52.30 respectively. So far 27734 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 63.80 on 25-Apr-2022 and a 52 week low of Rs. 9.44 on 02-Nov-2021.
Last one week high and low of the scrip stood at Rs. 58.45 and Rs. 49.00 respectively. The current market cap of the company is Rs. 191.75 crore.
The promoters holding in the company stood at 57.86%, while Non-Institutions held 42.14% stake in the company.
Supreme Holdings & Hospitality (India) has incorporated subsidiary namely ‘Visana Infrastructure’. The subsidiary is incorporated to carry out works contractor for construction business. The company will hold entire 90% stake in Visana Infrastructure and has subscribed to 90,000 equity shares of face value of Rs 10 each, aggregating to Rs 9 lakh.
Supreme Holdings & Hospitality (India) is engaged in development of commercial and residential projects.
