Uno Minda rises on investing Rs 15.30 crore in Minda Katolec Electronics Services
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Uno Minda is currently trading at Rs. 539.90, up by 0.80 points or 0.15% from its previous closing of Rs. 539.10 on the BSE.
The scrip opened at Rs. 537.00 and has touched a high and low of Rs. 542.00 and Rs. 535.05 respectively. So far 2634 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 630.00 on 29-Dec-2021 and a 52 week low of Rs. 384.98 on 10-May-2022.
Last one week high and low of the scrip stood at Rs. 562.60 and Rs. 532.05 respectively. The current market cap of the company is Rs. 31007.05 crore.
The promoters holding in the company stood at 70.11%, while Institutions and Non-Institutions held 23.02% and 6.87% respectively.
Uno Minda has invested a sum of Rs 15.30 crore to acquire 1,53,00,000 equity shares offered and issued by subsidiary -- Minda Katolec Electronics Services (MKESPL) on rights basis. MKESPL has completed allotment of Equity shares on December 17, 2022. The shareholding of the company in MKESPL remains unchanged at 51.00%.
Uno Minda (formerly known as Minda Industries) offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.
