08-11-2023 12:28 PM | Source: Accord Fintech
Prism Johnson gains on incorporating wholly owned subsidiary

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Prism Johnson is currently trading at Rs. 155.00, up by 2.55 points or 1.67% from its previous closing of Rs. 152.45 on the BSE.

The scrip opened at Rs. 154.65 and has touched a high and low of Rs. 156.95 and Rs. 153.50 respectively. So far 32237 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 157.15 on 08-Nov-2023 and a 52 week low of Rs. 98.05 on 27-Jan-2023.

Last one week high and low of the scrip stood at Rs. 157.15 and Rs. 136.20 respectively. The current market cap of the company is Rs. 7885.08 crore.

The promoters holding in the company stood at 74.87%, while Institutions and Non-Institutions held 8.57% and 16.56% respectively.

Prism Johnson has incorporated a Wholly Owned Subsidiary (WoS) in the name of PJL Cement on November 7, 2023. PJL Cement has been incorporated to undertake the business of manufacturing and dealing in all kinds of cements, cement products of every description, ready mixed concrete of all kinds, tiles of all kinds, sanitary ware and bath fittings, other building materials and allied products. 

Prism Johnson (formally known as Prism Cement) is a building materials company. The company has interest in Portland cement, tiles, bathroom and kitchen (TBK) and ready mixed concrete (RMC).