Madhusudan Securities zooms the BSE
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Madhusudan Securities is currently trading at Rs. 38.03, up by 1.81 points or 5.00% from its previous closing of Rs. 36.22 on the BSE.
The scrip opened at Rs. 38.03 and has touched a high and low of Rs. 38.03 and Rs. 38.00 respectively. So far 4216 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 38.03 on 28-May-2024 and a 52 week low of Rs. 7.62 on 20-Jul-2023.
Last one week high and low of the scrip stood at Rs. 38.03 and Rs. 33.75 respectively. The current market cap of the company is Rs. 40.29 crore.
The promoters holding in the company stood at 16.55%, while Non-Institutions held 83.45% in the company.
Madhusudan Securities has received approval for the acquisition/purchase of 51% stake in Compliance Kart. Henceforth, Compliance Kart will be considered as Subsidiary Company of Madhusudan Securities. The objectives of the acquisition are market expansion, service portfolio enhancement, operational synergies, revenue growth and strategic positioning. The Board of Directors of the company in their Board Meeting held on May 27, 2024, has approved the same.
Madhusudan Securities is incorporated with the object to carry on the business of trading in Goods & merchandise.
