Shalby moves up as its arm gets nod to invest in Shalby Global Technologies
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Shalby is currently trading at Rs. 234.70, up by 1.05 points or 0.45% from its previous closing of Rs. 233.65 on the BSE.
The scrip opened at Rs. 230.55 and has touched a high and low of Rs. 237.70 and Rs. 230.55 respectively. So far 5319 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 261.50 on 11-Sep-2023 and a 52 week low of Rs. 114.35 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 237.90 and Rs. 225.75 respectively. The current market cap of the company is Rs. 2525.81 crore.
The promoters holding in the company stood at 74.12%, while Institutions and Non-Institutions held 4.00% and 21.88% respectively.
Shalby’s wholly?owned subsidiary -- Mars Medical Devices (MMDL) has received approval to invest 2,00,000 Preference Shares of SGD 1 each in Shalby Global Technologies, Singapore (SGTPL). SGTPL is a subsidiary of Mars Medical Devices and a Step?down Subsidiary of the Company. With the aforesaid investment, preference shareholding of MMDL in SGTPL will be 100% and there will not be any change in equity shareholding and remained at 99.33%. The Board of Directors of the company’s wholly?owned subsidiary at its meeting held on September 25, 2023 has approved the same.
Shalby is a chain of Multi-specialty tertiary care hospitals based out of Ahmedabad. It has combined bed strength of more than 700 beds with its multispecialty hospitals across Gujarat and Goa.
