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Carysil moves up as its arm acquires remaining 30% stake in Carysil Brassware
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Carysil is currently trading at Rs. 804.00, up by 4.95 points or 0.62% from its previous closing of Rs. 799.05 on the BSE.
The scrip opened at Rs. 795.05 and has touched a high and low of Rs. 807.05 and Rs. 795.05 respectively. So far 62 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1148.10 on 13-Feb-2024 and a 52 week low of Rs. 593.50 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 836.85 and Rs. 795.00 respectively. The current market cap of the company is Rs. 2270.55 crore.
The promoters holding in the company stood at 43.79%, while Institutions and Non-Institutions held 7.90% and 48.31% respectively.
Carysil’s wholly owned subsidiary -- Carysil UK has completed acquisition of the remaining 30% equity shares of Carysil Brassware (formerly known as The Tap Factory), located in Yorkshire, UK.
With the completion of this acquisition, Carysil Brassware has now become a wholly-owned subsidiary of Carysil UK. All necessary formalities pertaining to the acquisition have been successfully concluded.
Carysil is a leading manufacturer of composite quartz and granite kitchen sinks in India. The company exports granite sinks to more than 20 countries worldwide.
