Latent View Analytics rises on acquiring 70% equity share capital of Decision Point
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Latent View Analytics is currently trading at Rs. 512.50, up by 5.40 points or 1.06% from its previous closing of Rs. 507.10 on the BSE.
The scrip opened at Rs. 510.00 and has touched a high and low of Rs. 515.00 and Rs. 508.00 respectively. So far 5695 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 566.95 on 08-Apr-2024 and a 52 week low of Rs. 347.55 on 03-Jul-2023.
Last one week high and low of the scrip stood at Rs. 515.00 and Rs. 496.00 respectively. The current market cap of the company is Rs. 10547.09 crore.
The promoters holding in the company stood at 65.42%, while Institutions and Non-Institutions held 6.86% and 27.72% respectively.
Latent View Analytics has acquired 70% of the fully diluted equity share capital of Decision Point on July 1, 2024. With this acquisition, the Decision Point has become a subsidiary of the Company. Further, with this acquisition, all the proceeds from the IPO have been entirely utilized for the intended purposes as outlined in the company's prospectus dated November 17, 2021.
Latent View Analytics designs and engineers result-oriented analytics solutions, which enables to make intelligent decisions.
