Augmont Enterprises touches the roof as it empanelled by NSE for promotion of Electronic Gold Receipts
Augmont Enterprises is currently trading at its upper circuit limit of Rs. 964.75, up by 87.70 points or 10.00% from its previous closing of Rs. 877.05 on the BSE.
The scrip opened at Rs. 898.00 and has touched a high and low of Rs. 964.75 and Rs. 897.85 respectively. So far 18540 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 1019.00 on 31-Aug-2026 and a 52 week low of Rs. 797.75 on 22-Sep-2026.
Last one week high and low of the scrip stood at Rs. 964.75 and Rs. 797.75 respectively. The current market cap of the company is Rs. 8815.26 crore.
The promoters holding in the company stood at 81.91%, while Institutions and Non-Institutions held 5.24% and 12.85% respectively.
Augmont Enterprises has been empanelled by National Stock Exchange of India (NSE) as a key partner for the promotion of Electronic Gold Receipts (EGR). This is a strategic partnership, designed to simplify the process of EGR creation and extinguishment, and to promote trading in EGRs, further deepening India’s gold ecosystem.
Under this partnership, the company will bring its rich experience across the gold value chain to enhance the digital framework, together with providing the necessary technical and on-the-ground support for the development of the EGR product. The partnership is expected to facilitate the seamless conversion of physical gold into EGRs, and of EGRs back into physical gold, within the regulated ecosystem.
EGRs are dematerialized securities that represent ownership of physical gold, which is securely stored in SEBI accredited vaults and held electronically through depositories. Each EGR is fully backed by physical gold and is tradable on the exchange, seamlessly integrating gold into the formal financial system. With this partnership, NSE aims to further strengthen a robust and transparent ecosystem for gold trading, enabling efficient price discovery, improved market participation, and enhanced trust across stakeholders including jewellers, refiners, traders, and institutional investors.
