SBC Exports touches roof on acquiring land for upcoming export unit in Uttar Pradesh
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SBC Exports is currently trading at its upper limit of Rs. 25.70, up by 2.33 points or 9.97% from its previous closing of Rs. 23.37 on the BSE.
The scrip opened at Rs. 23.51 and has touched a high and low of Rs. 25.70 and Rs. 23.51 respectively. So far 2562382 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 33.90 on 20-Jan-2024 and a 52 week low of Rs. 11.93 on 17-Apr-2023.
Last one week high and low of the scrip stood at Rs. 25.70 and Rs. 22.59 respectively. The current market cap of the company is Rs. 815.87 crore.
The promoters holding in the company stood at 64.72%, while Institutions and Non-Institutions held 0.01% and 35.27% respectively.
SBC Exports has acquired an industrial land, for its upcoming new export unit, which is situated at Sahibabad Industrial Area, Ghaziabad, Uttar Pradesh having area measuring 3502.38 sq. mtr. approximately, for a consideration of Rs 18 crore including stamp duty, Registry Expenses, Legal Expenses, taxes etc.
SBC Exports is engaged in the trading of handmade carpets, cushion covers, cotton quilts and bedspreads etc. in the Mirzapur.
