Maruti Infrastructure touches roof on getting nod to disinvest stake in `Karnish Infrastructure`
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Maruti Infrastructure is locked its upper circuit limit at Rs. 37.80, up by 1.80 points or 5.00% from its previous closing of Rs. 36.00 on the BSE.
The scrip opened at Rs. 37.75 and has touched a high and low of Rs. 37.80 and Rs. 37.70 respectively. So far 355944 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 2 has touched a 52 week high of Rs. 37.80 on 14-Aug-2024 and a 52 week low of Rs. 14.63 on 16-Aug-2023.
Last one week high and low of the scrip stood at Rs. 37.80 and Rs. 30.59 respectively. The current market cap of the company is Rs. 354.38 crore.
The promoters holding in the company stood at 52.31%, while Non-Institutions held 47.69% in the company.
Maruti Infrastructure has received approval from board of directors to disinvest the whole stake/investment held in its subsidiary namely ‘Karnish Infrastructure’. The board of directors at their meeting held on August 12, 2024 has approved the same.
Maruti Infrastructure is a leading Infrastructure and Construction of EWS Housing Projects and Urban Infra Projects Company in Ahmedabad.
