Starlineps Enterprises gains on planning to make strategic investment in Convergence IT Services
Starlineps Enterprises is currently trading at Rs 5.46, up by 0.06 points or 1.11% from its previous closing of Rs 5.40 on the BSE.
The scrip opened at Rs 5.40 and has touched a high and low of Rs 5.55 and Rs 5.19 respectively. So far 120530 shares were traded on the counter.
The BSE group 'T' stock of face value Rs 1 has touched a 52-week high of Rs 31.03 on 13-Aug-2024 and a 52-week low of Rs 5.19 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs 6.00 and Rs 5.19 respectively. The current market cap of the company is Rs 142.40 crore.
The promoters holding in the company stood at 29.02%, while Non-Institutions held 70.98% stake in the company.
Starlineps Enterprises is planning to make a strategic investment of Rs 1.51 million in Convergence IT Services, valuing the company upto Rs 360 million. This investment secures a non-controlling equity stake of the company in Convergence IT Services.
Starlineps Enterprises is engaged in trading and retailer ship of diamonds in Surat.
