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Faalcon Concepts is currently trading at Rs. 62.11, up by 1.09 points or 1.79% from its previous closing of Rs. 61.02 on the BSE.

The scrip opened at Rs. 63.70 and has touched a high and low of Rs. 63.70 and Rs. 62.11 respectively. So far 12000 shares were traded on the counter.

The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.00 on 26-Apr-2024 and a 52 week low of Rs. 48.80 on 05-Jun-2024.

Last one week high and low of the scrip stood at Rs. 65.73 and Rs. 61.02 respectively. The current market cap of the company is Rs. 42.42 crore.

The promoters holding in the company stood at 65.56%, while Institutions and Non-Institutions held 0.03% and 34.41% respectively.

Faalcon Concepts has received approval from board of directors for acquisition of 61.00% Equity Shares in Chrome Coaters (CCPL) from its existing shareholders and promoters, at an acquisition price as may be determined in terms of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2018.

The present acquisition will allow Company to enter new markets of Aluminium Coating. After this acquisition the CCPL will be 61% subsidiary of the Company, and it will be run independently, to offer services in the chosen segments.

Faalcon Concepts is engaged in designing, engineering, fabrication and installation of facade systems. It specialises in technically demanding facades. It offers various range of products to meet the demands of its customers.