Mold-Tek Technologies soars on acquiring 100% stake in Beryl
Mold-Tek Technologies is currently trading at Rs. 179.60, up by 2.55 points or 1.44% from its previous closing of Rs. 177.05 on the BSE.
The scrip opened at Rs. 186.95 and has touched a high and low of Rs. 186.95 and Rs. 169.35 respectively. So far 10193 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 230.15 on 11-Dec-2024 and a 52 week low of Rs. 109.85 on 17-Mar-2025.
Last one week high and low of the scrip stood at Rs. 191.05 and Rs. 169.35 respectively. The current market cap of the company is Rs. 518.78 crore.
The promoters holding in the company stood at 49.68%, while Institutions and Non-Institutions held 0.83% and 49.49% respectively.
Mold-Tek Technologies through its wholly owned U.S. subsidiary -- Beryl Engineering Inc has successfully completed the acquisition of 100% stake in Beryl Project Engineering LLC (Beryl).
This acquisition marks Mold-Tek’s strategic entry into the U.S. residential and infrastructure engineering market and presents significant potential for exponential growth. The manpower availability and robust training facilities at Mold-Tek will enhance Beryl’s capability to cater to a larger number of counties, thereby significantly increasing its revenue potential.
Mold-Tek Technologies (MTTL) is a leading Engineering Services provider in India. MTTL specializes in providing IT, Civil, Structural and Mechanical Engineering services to its clients located across the globe.
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