Kesar India moves up on acquiring 50.01% equity shares in MCWPL
Kesar India is currently trading at Rs. 1266.90, up by 8.95 points or 0.71% from its previous closing of Rs. 1257.95 on the BSE.
The scrip opened at Rs. 1257.95 and has touched a high and low of Rs. 1266.90 and Rs. 1257.95 respectively. So far 5200 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1287.40 on 08-Jan-2026 and a 52 week low of Rs. 476.00 on 11-Mar-2025.
Last one week high and low of the scrip stood at Rs. 1282.50 and Rs. 1221.10 respectively. The current market cap of the company is Rs. 3538.96 crore.
The promoters holding in the company stood at 74.73%, while Institutions and Non-Institutions held 18.74% and 6.53% respectively.
Kesar India has acquired 50.01% Equity Shares of Mahashakti Coal Washeries (MCWPL) from its existing shareholder. Pursuant to the said acquisition, MCWPL has become the Subsidiary of the Company. The objective of investment is to diversify business of construction and real estate activities.
Kesar India is engaged in the business of developing and constructing of projects such as residential & commercial plotting, residential, commercial and industrial buildings, colonies, mills and factory's buildings, workshop's building, etc.
