Jubilant Agri and Consumer Products zooms on getting nod to incorporate wholly owned subsidiary
Jubilant Agri and Consumer Products is currently trading at Rs. 1348.10, up by 55.65 points or 4.31% from its previous closing of Rs. 1292.45 on the BSE.
The scrip opened at Rs. 1331.05 and has touched a high and low of Rs. 1361.00 and Rs. 1275.00 respectively. So far 575 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1510.45 on 14-Feb-2025 and a 52 week low of Rs. 1162.80 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 1361.00 and Rs. 1260.00 respectively. The current market cap of the company is Rs. 2031.65 crore.
The promoters holding in the company stood at 74.78%, while Institutions and Non-Institutions held 0.33% and 24.89% respectively.
Jubilant Agri and Consumer Products has received approval for the incorporation of wholly owned subsidiary of the company with Registrar of Companies, Kanpur, Uttar Pradesh. The subsidiary is being incorporated to deal in agriculture products and chemicals. The company will make an investment by way of subscribing of Equity Shares of the proposed company, aggregating up to Rs 10 lakh. The Board of Directors of the company, at its meeting held on March 24, 2025 has approved the same.
Jubilant Agri and Consumer Products offers a diverse product portfolio, encompassing consumer-related products, industrial products, and agricultural products.
