Indo-National shines on investing Rs 50.03 lakh in Medcuore Medical Solutions
Indo-National is currently trading at Rs. 329.80, up by 8.00 points or 2.49% from its previous closing of Rs. 321.80 on the BSE.
The scrip opened at Rs. 329.80 and has touched a high and low of Rs. 329.80 and Rs. 328.25 respectively. So far 9 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 505.00 on 04-Sep-2025 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. 335.00 and Rs. 319.95 respectively. The current market cap of the company is Rs. 240.90 crore.
The promoters holding in the company stood at 65.35%, while Non-Institutions held 34.65% stake in the company.
Indo-National has invested Rs 50.03 lakh by subscribing to additional 0.78% equity stake in Medcuore Medical Solutions (MMSPL). The objective of investment is to facilitate business growth and to generate revenue and to earn profit due to expansion of business. Following this acquisition, the company’s aggregate shareholding in MMSPL now stands at 61.87%.
Earlier, the company had invested an aggregate amount of Rs 49.93 lakh by way of subscription to equity shares of MMSPL.
