Tega Industries rises as its arm divests entire investment in MBE Coal & Mineral Technology India
Tega Industries is currently trading at Rs. 803.75, up by 3.95 points or 0.49% from its previous closing of Rs. 799.80 on the BSE.
The scrip opened at Rs. 799.00 and has touched a high and low of Rs. 822.45 and Rs. 799.00 respectively. So far 3431 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 847.95 on 26-May-2023 and a 52 week low of Rs. 420.40 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 847.95 and Rs. 736.25 respectively. The current market cap of the company is Rs. 5407.86 crore.
The promoters holding in the company stood at 79.10%, while Institutions and Non-Institutions held 14.47% and 6.43% respectively.
Tega Industries’ wholly owned subsidiary -- McNally Sayaji Engineering has divested its entire investment in its subsidiary, MBE Coal & Mineral Technology India at a consideration determined by a registered valuer.
Tega Industries (Tega) is a global leader in designing and manufacturing ‘critical-to-operate’ consumables for the mining, mineral processing, and material handling industries.