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Rudra Gas Enterprise is currently trading at upper limit of Rs. 130.85, up by 6.20 points or 4.97% from its previous closing of Rs. 124.65 on the BSE.

The scrip opened at Rs. 130.85 and has touched a high and low of Rs. 130.85 and Rs. 130.85 respectively. So far 16000 shares were traded on the counter.

The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 259.90 on 04-Mar-2024 and a 52 week low of Rs. 117.85 on 23-Dec-2024.

Last one week high and low of the scrip stood at Rs. 132.00 and Rs. 117.85 respectively. The current market cap of the company is Rs. 109.10 crore.

The promoters holding in the company stood at 73.04%, while Non-Institutions held 26.96% stake in the company.

Rudra Gas Enterprise has received approval for incorporation of a subsidiary company with the proposed name as Rudra Global Green Energy or such other suitable name may be available after complying with applicable procedures and formalities with the Ministry of Corporate Affairs (MCA), Government of India.

Incorporation of proposed subsidiary will enable the company to expand the business horizon and to achieve a common goal by sharing resources and expertise to improve the performance. The Board of Directors of the Company at its meeting held on December 24, 2024, has approved the same.

Rudra Gas Enterprise is engaged in various facets of the infrastructure sector. It is mainly engaged in gas distribution network projects, fiber cable network, renting of construction machinery and vehicles.