Milestone Global touches roof on incorporating wholly owned subsidiary
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Milestone Global is currently trading at its upper limit of Rs. 24.15, up by 1.15 points or 5.00% from its previous closing of Rs. 23.00 on the BSE.
The scrip opened at Rs. 24.00 and has touched a high and low of Rs. 24.15 and Rs. 24.00 respectively. So far 1071 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 34.86 on 27-Feb-2024 and a 52 week low of Rs. 12.31 on 14-Jul-2023.
Last one week high and low of the scrip stood at Rs. 25.00 and Rs. 22.45 respectively. The current market cap of the company is Rs. 12.12 crore.
The promoters holding in the company stood at 73.26%, while Institutions and Non-Institutions held 5.98% and 20.76% respectively.
Milestone Global has incorporated a wholly owned subsidiary company namely ‘Milestone Imports Inc’. The incorporation of the WOS in USA would give vast business exposure to the Company in USA. The said wholly owned subsidiary is yet to commence its business operations.
Milestone Global manufactures top quality granite monuments and memorials in 32 colours for export to USA, UK, Canada, Ireland, Germany and New Zealand.
