Rose Merc surges on acquiring 50% paid up share capital in M/s Moda Orama Ventures
Rose Merc is currently trading at Rs. 60.99, up by 1.84 points or 3.11% from its previous closing of Rs. 59.15 on the BSE.
The scrip opened at Rs. 61.88 and has touched a high and low of Rs. 61.88 and Rs. 60.99 respectively. So far 8656 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 177.45 on 07-Oct-2024 and a 52 week low of Rs. 59.11 on 12-Mar-2025.
Last one week high and low of the scrip stood at Rs. 68.76 and Rs. 59.11 respectively. The current market cap of the company is Rs. 34.09 crore.
The promoters holding in the company stood at 0.15%, while Non-Institutions held 99.85% stake in the company.
Rose Merc has acquired 50% of the paid up share capital in M/s Moda Orama Ventures. Rose Merc can optimize its events by leveraging captive audiences to promote and cross-sell fashion, thereby unlocking greater value through new verticals. The cost of acquisition is Rs 50,000.
Rose Merc is a dynamic company which is present as an e-commerce website, the company is now primarily into the trade of naturally occurring precious elements such as gem stones, gold, silver, rudhraksha, and more.
