Mach Conferences trades jubilantly on the BSE
Mach Conferences and Events is currently trading at Rs. 267.10, up by 22.65 points or 9.27% from its previous closing of Rs. 244.45 on the BSE.
The scrip opened at Rs. 263.00 and has touched a high and low of Rs. 281.90 and Rs. 258.00 respectively. So far 231000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 314.00 on 11-Sep-2024 and a 52 week low of Rs. 207.15 on 29-Nov-2024.
Last one week high and low of the scrip stood at Rs. 281.90 and Rs. 231.40 respectively. The current market cap of the company is Rs. 558.54 crore.
The promoters holding in the company stood at 70.04%, while Institutions and Non-Institutions held 8.40% and 21.56% respectively.
Mach Conferences & Events (MCEL) has empanelled with the Adani Cement. This milestone enhances MCEL’s position as a trusted provider of exceptional event management services across various industries. As a result of this empanelment, MCEL has secured a significant order from ACC Cement and Ambuja Cement, key entities under the Adani Cement portfolio.
The project involves managing logistics, transfers, accommodations, and sightseeing for 444 participants in Delhi and Agra, and 841 participants in Gujarat. This order will be completed in the current Financial Year (FY25). This partnership marks a pivotal step in MCEL’s strategy to align with India’s leading businesses and strengthen its leadership in large-scale event management.
Mach Conferences and Events operates within the MICE industry, specializing in providing comprehensive event management solutions.
