S H Kelkar & Company gains as its arm incorporates WOS in Germany
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S H Kelkar & Company is currently trading at Rs. 180.05, up by 2.35 points or 1.32% from its previous closing of Rs. 177.70 on the BSE.
The scrip opened at Rs. 175.00 and has touched a high and low of Rs. 180.95 and Rs. 175.00 respectively. So far 7510 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 231.70 on 23-Apr-2024 and a 52 week low of Rs. 111.55 on 06-Jun-2023.
Last one week high and low of the scrip stood at Rs. 200.50 and Rs. 171.30 respectively. The current market cap of the company is Rs. 2463.89 crore.
The promoters holding in the company stood at 58.95%, while Institutions and Non-Institutions held 9.13% and 31.92% respectively.
S H Kelkar & Company’s wholly owned subsidiary -- Keva Europe B.V. has incorporated a Company in Germany as its wholly owned subsidiary (WOS) by name ‘Keva Germany GmbH’ and the same has been registered in the German Trade Register (Chamber of Commerce). The said WOS has been incorporated for setting up a Creative Development Centre (CDC) to service European operations and to provide support to Dubai and Middle East businesses.
S H Kelkar & Company is focused on its core business of manufacture supply and exports of fragrances flavours and aroma ingredients that are used in the food beverage personal care or household product industries.
