EFC (I) trades higher as its arm incorporates wholly-owned subsidiary
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EFC (I) is currently trading at Rs. 472.00, up by 8.75 points or 1.89% from its previous closing of Rs. 463.25 on the BSE.
The scrip opened at Rs. 465.00 and has touched a high and low of Rs. 481.05 and Rs. 465.00 respectively. So far 10685 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 2 has touched a 52 week high of Rs. 618.00 on 20-Jun-2024 and a 52 week low of Rs. 205.50 on 29-Sep-2023.
Last one week high and low of the scrip stood at Rs. 505.00 and Rs. 460.00 respectively. The current market cap of the company is Rs. 2354.44 crore.
The promoters holding in the company stood at 45.57%, while Institutions and Non-Institutions held 7.23% and 47.20% respectively.
EFC’s (I) wholly-owned material subsidiary company -- EFC has incorporated a wholly-owned subsidiary (WOS) namely ‘EFC Estate Wakadewadi’ and the Certificates of Incorporation were received from Ministry of Corporate Affairs on September 28, 2024. The said WOS has been incorporated to carry on business of designing, developing, fitting furniture & fixtures and leasing the property, which in line with object of the company.
EFC (I) (formerly known as Aamani Trading & Exports) is engaged in the business of real estate services, property management services & renting or leasing services involving own or leased non-residential property.
