Indo National rises on investing Rs 25.02 lakh in Medcuore Medical Solutions
Indo-National is currently trading at Rs. 308.00, up by 4.00 points or 1.32% from its previous closing of Rs. 304.00 on the BSE.
The scrip opened at Rs. 308.00 and has touched a high and low of Rs. 308.00 and Rs. 308.00 respectively. So far 16 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 472.25 on 06-May-2026 and a 52 week low of Rs. 255.00 on 01-Apr-2026.
Last one week high and low of the scrip stood at Rs. 309.00 and Rs. 290.00 respectively. The current market cap of the company is Rs. 225.86 crore.
The promoters holding in the company stood at 65.35%, while Non-Institutions held 34.65% stake in the company.
Indo National has made an investment of around Rs 25.02 lakh in Medcuore Medical Solutions (MMSPL), through acquisition of an additional 0.39% of the paid-up share capital of MMSPL. Following this acquisition, the company’s aggregate shareholding in MMSPL stands at 63.46%. The investment was aimed at facilitating business growth and generating revenue and profit through expansion of business.
MMSPL is engaged in the business of manufacturing, distribution and providing services in relation to Air Monitoring System and Air Purifiers.
